Benzinga's options scanner just detected over 12 options trades for Monolithic Power Systems MPWR summing a total amount of $394,144.
At the same time, our algo caught 10 for a total amount of 416,454.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $520.0 to $600.0 for Monolithic Power Systems over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Monolithic Power Systems options trades today is 68.62 with a total volume of 210.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Monolithic Power Systems's big money trades within a strike price range of $520.0 to $600.0 over the last 30 days.
Monolithic Power Systems Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MPWR | PUT | TRADE | BULLISH | 08/18/23 | $540.00 | $68.0K | 90 | 21 |
| MPWR | PUT | TRADE | BULLISH | 08/18/23 | $550.00 | $60.6K | 95 | 26 |
| MPWR | PUT | SWEEP | BEARISH | 08/18/23 | $590.00 | $48.5K | 30 | 12 |
| MPWR | PUT | TRADE | BULLISH | 08/18/23 | $550.00 | $40.7K | 95 | 10 |
| MPWR | PUT | SWEEP | BULLISH | 08/18/23 | $590.00 | $40.0K | 30 | 1 |
Where Is Monolithic Power Systems Standing Right Now?
- With a volume of 850,938, the price of MPWR is down -2.49% at $545.57.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 86 days.
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 Monolithic Power Systems, Benzinga Pro gives you real-time options trades alerts.
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