Unity Software Inc. (U) experienced a significant surge in options trading today, with 92,010 contracts exchanged, equating to about 9.2 million underlying shares. This volume represents 67.1% of U’s average daily trading over the past month. Notably, the $22 strike call option expiring on April 2, 2026, saw heightened interest, with 9,161 contracts traded, indicating strong bullish sentiment among traders.
Similarly, Occidental Petroleum Corp (OXY) reported robust options activity, with 141,747 contracts traded, representing approximately 14.2 million underlying shares, or 65.1% of its average daily volume. The $63 strike call option expiring March 27, 2026, attracted particular attention, with 8,484 contracts changing hands, suggesting a positive outlook for the energy sector.
The notable options activity in both Unity and Occidental could signal heightened investor interest and potential price movements in the near term, making these stocks worth monitoring for portfolio adjustments or trading strategies.
Source: nasdaq.com