Spotlight on Monolithic Power Systems: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Monolithic Power Systems.

Looking at options history for Monolithic Power Systems MPWR we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 77% of the investors opened trades with bullish expectations and 11% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $787,750 and 3, calls, for a total amount of $103,910.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $550.0 to $600.0 for Monolithic Power Systems over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Monolithic Power Systems stands at 25.75, with a total volume reaching 500.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Monolithic Power Systems, situated within the strike price corridor from $550.0 to $600.0, throughout the last 30 days.

Monolithic Power Systems 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Monolithic Power Systems

Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.

Following our analysis of the options activities associated with Monolithic Power Systems, we pivot to a closer look at the company's own performance.

Current Position of Monolithic Power Systems

• Trading volume stands at 352,195, with MPWR's price down by -2.72%, positioned at $564.12.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 30 days.

Professional Analyst Ratings for Monolithic Power Systems

In the last month, 3 experts released ratings on this stock with an average target price of $738.33.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Wells Fargo persists with their Equal-Weight rating on Monolithic Power Systems, maintaining a target price of $665. * Reflecting concerns, an analyst from Oppenheimer lowers its rating to Outperform with a new price target of $800. * An analyst from Rosenblatt has decided to maintain their Neutral rating on Monolithic Power Systems, which currently sits at a price target of $750.

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