Unity Software Inc. (U) shares are soaring 8.85% in Tuesday's trading session, driven by a surge in bullish options activity. The stock's significant upward movement comes as investors show increased optimism about the company's prospects.

Options traders are displaying a notably bullish sentiment towards Unity Software. Market data reveals that call option volume for Unity has reached 34,573 contracts, which is double the expected level. This surge in call options, which give holders the right to buy shares at a predetermined price, suggests that many investors are betting on further upside for the stock.

Adding to the bullish indicators, the implied volatility for Unity options has jumped over 6 points to 93.23%. This increase in implied volatility typically indicates that the market expects larger price swings in the near future, which could be driving more investors to take positions. As Unity Software continues to attract attention in the options market, it remains to be seen how this bullish sentiment will impact the stock's performance in the coming days.