There are some very big and very rich people that like to gamble on stocks. They can buy a lot of these things called "options". Today, these big people are betting on whether the stock of a company called United States Steel will go up or down. Almost half of them think it will go up and almost half think it will go down. They are betting on this big game of stock gambling to make a lot of money. Read from source...
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### BENZINGA:
United States Steel Corporation (X) is an interesting case when it comes to unusual options activity. Here's the breakdown of notable options trades detected by Benzinga's options screener:
- 17 extraordinary options trades were detected today.
- The options activity suggests these big players have been eyeing a price window from $25.0 to $52.5 for X during the past quarter.
- 41% of these traders are leaning bullish and 52% bearish.
- Among these notable options, 13 are puts, totaling $1,496,460, and 4 are calls, amounting to $133,520.
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $52.5 for X during the past quarter.
- Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in X's options at specified strike prices.
- The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to X's substantial trades, within a strike price spectrum from $25.0 to $52.5 over the preceding 30 days.
United States Steel Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
- Symbol: X
- PUT/CALL: PUT
- Trade Type: TRADE
- Sentiment: BEARISH
- Exp. Date: $183.9K
- Ask: 5.6K
- Bid: X
- PUT/CALL: PUT
- Trade Type: TRADE
- Sentiment: BEARISH
- Exp. Date: $183.9K
- Ask: 5.6K
- Bid: X
- PUT/CALL: PUT
- Trade Type: TRADE
- Sentiment: BEARISH
- Exp. Date: $183.9K
- Ask: 5.6K
- Bid: X
- PUT/CALL: PUT
- Trade Type: TRADE
- Sentiment: BULLISH
- Exp. Date: $157.4K
- Ask: 7.3K
- Bid: X
- PUT/CALL
1 bullish, 1 negative, 1 negative, 2 bullish, 1 negative, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bullish, 1 bull
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