Financial giants have made a conspicuous bearish move on MongoDB. Our analysis of options history for MongoDB MDB revealed 79 unusual trades.
Delving into the details, we found 22% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $667,719, and 66 were calls, valued at $4,451,028.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $115.0 to $600.0 for MongoDB over the recent three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for MongoDB's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across MongoDB's significant trades, within a strike price range of $115.0 to $600.0, over the past month.
MongoDB Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MDB | CALL | TRADE | BEARISH | 01/17/25 | $10.8 | $10.15 | $10.4 | $280.00 | $624.0K | 1.7K | 784 |
| MDB | CALL | SWEEP | BEARISH | 09/19/25 | $21.9 | $21.4 | $21.4 | $390.00 | $226.9K | 10 | 112 |
| MDB | CALL | TRADE | BEARISH | 01/16/26 | $68.3 | $64.5 | $64.5 | $270.00 | $187.0K | 171 | 29 |
| MDB | CALL | SWEEP | BEARISH | 12/19/25 | $93.05 | $92.2 | $92.2 | $210.00 | $175.2K | 25 | 21 |
| MDB | CALL | TRADE | NEUTRAL | 02/21/25 | $14.65 | $14.2 | $14.41 | $290.00 | $144.1K | 250 | 8 |
About MongoDB
Founded in 2007, MongoDB is a document-oriented database. MongoDB provides both licenses as well as subscriptions as a service for its NoSQL database. MongoDB's database is compatible with all major programming languages and is capable of being deployed for a variety of use cases.
In light of the recent options history for MongoDB, it's now appropriate to focus on the company itself. We aim to explore its current performance.
MongoDB's Current Market Status
- With a trading volume of 1,078,933, the price of MDB is up by 0.52%, reaching $267.0.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 79 days from now.
Professional Analyst Ratings for MongoDB
5 market experts have recently issued ratings for this stock, with a consensus target price of $401.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Loop Capital has decided to maintain their Buy rating on MongoDB, which currently sits at a price target of $400. * An analyst from Wells Fargo has decided to maintain their Overweight rating on MongoDB, which currently sits at a price target of $425. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on MongoDB with a target price of $400. * Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on MongoDB with a target price of $430. * Reflecting concerns, an analyst from Rosenblatt lowers its rating to Buy with a new price target of $350.
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 MongoDB, 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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