Decoding Roblox's Options Activity: What's the Big Picture?

2024.12.10

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Deep-pocketed investors have adopted a bullish approach towards Roblox RBLX, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in RBLX usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 21 extraordinary options activities for Roblox. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 42% leaning bullish and 42% bearish. Among these notable options, 6 are puts, totaling $888,572, and 15 are calls, amounting to $839,935.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $32.5 to $70.0 for Roblox over the last 3 months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Roblox's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Roblox's significant trades, within a strike price range of $32.5 to $70.0, over the past month.

Roblox 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
RBLX PUT TRADE BULLISH 06/20/25 $6.75 $6.5 $6.6 $55.00 $660.0K 544 1.0K
RBLX CALL TRADE BEARISH 03/21/25 $9.35 $9.15 $9.2 $50.00 $138.0K 5.8K 202
RBLX CALL TRADE BEARISH 12/20/24 $1.59 $1.46 $1.46 $57.00 $116.8K 344 841
RBLX CALL SWEEP BEARISH 03/21/25 $9.6 $9.3 $9.38 $50.00 $93.3K 5.8K 302
RBLX CALL SWEEP BULLISH 01/17/25 $23.65 $23.55 $23.65 $32.50 $85.1K 882 36

About Roblox

Roblox operates an online video game platform with 80 million daily active users that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning $3.5 billion in bookings in 2023 through in-game purchases and advertising while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers than creating new games or franchises.

After a thorough review of the options trading surrounding Roblox, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Roblox's Current Market Status

  • Trading volume stands at 2,545,056, with RBLX's price down by -1.59%, positioned at $56.02.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 57 days.

Expert Opinions on Roblox

1 market experts have recently issued ratings for this stock, with a consensus target price of $60.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Raymond James has revised its rating downward to Strong Buy, adjusting the price target to $60.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Roblox, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs

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