Investors with a lot of money to spend have taken a bullish stance on Mobileye Global MBLY.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MBLY, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 12 uncommon options trades for Mobileye Global.
This isn't normal.
The overall sentiment of these big-money traders is split between 66% bullish and 33%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $522,362, and 7 are calls, for a total amount of $234,540.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $29.0 to $41.0 for Mobileye Global during the past quarter.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Mobileye Global stands at 3688.0, with a total volume reaching 1,960.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Mobileye Global, situated within the strike price corridor from $29.0 to $41.0, throughout the last 30 days.
Mobileye Global Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MBLY | PUT | SWEEP | BULLISH | 01/17/25 | $13.3 | $13.2 | $13.3 | $40.00 | $172.9K | 391 | 0 |
| MBLY | PUT | SWEEP | BULLISH | 01/17/25 | $13.5 | $13.3 | $13.3 | $40.00 | $129.0K | 391 | 0 |
| MBLY | PUT | SWEEP | BULLISH | 11/15/24 | $14.5 | $14.3 | $14.3 | $41.00 | $101.5K | 49 | 0 |
| MBLY | PUT | SWEEP | BULLISH | 06/21/24 | $1.3 | $1.2 | $1.3 | $29.00 | $60.1K | 4.5K | 46 |
| MBLY | PUT | SWEEP | BULLISH | 06/21/24 | $1.9 | $1.85 | $1.9 | $29.00 | $58.7K | 4.5K | 779 |
About Mobileye Global
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Mobileye is the Company's only reportable operating segment. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Where Is Mobileye Global Standing Right Now?
- With a trading volume of 1,384,927, the price of MBLY is up by 0.37%, reaching $29.2.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 41 days from now.
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 Mobileye Global, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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