From MarketBeat:



Some unusual options trading activity on Tuesday involving Roblox Co. (NYSE:RBLX) saw an increase in stock traders acquiring call options on the company. There has been an average daily volume of 64,813 call options, with the latest activity seeing 87,711 call options being acquired. A number of research firms have also rated the company positively, with some raising their target price on shares of Roblox.

Roblox had a positive stock performance on Tuesday, opening at $45.97. Analysts have predicted that the company will post -1.91 EPS for the current year. Insider trading has also been notable, with insiders selling a significant number of shares of the company’s stock. Institutional trading activity has seen a number of hedge funds and other institutional investors also buying and selling shares of the company. Roblox Corporation operates an online entertainment platform offering a range of digital experiences.

MarketBeat has observed and reported these developments in the stock market and points out the significant buying opportunities relating to energy stocks.



Read more: Investors Purchase High Volume of Call Options on Roblox (NYSE:RBLX)