Whales with a lot of money to spend have taken a noticeably bullish stance on Mobileye Global.
Looking at options history for Mobileye Global MBLY we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $926,072 and 3, calls, for a total amount of $144,331.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $35.0 for Mobileye Global during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Mobileye Global's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Mobileye Global's whale activity within a strike price range from $25.0 to $35.0 in the last 30 days.
Mobileye Global Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MBLY | PUT | SWEEP | BULLISH | 02/16/24 | $25.00 | $284.8K | 3.1K | 12.7K |
| MBLY | PUT | TRADE | BULLISH | 01/19/24 | $33.00 | $250.0K | 2.0K | 1.0K |
| MBLY | PUT | SWEEP | BULLISH | 01/19/24 | $32.00 | $158.1K | 3.3K | 604 |
| MBLY | PUT | SWEEP | BULLISH | 01/19/24 | $33.00 | $144.5K | 2.0K | 9 |
| MBLY | PUT | TRADE | BEARISH | 01/19/24 | $33.00 | $88.5K | 2.0K | 1.0K |
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. 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.
In light of the recent options history for Mobileye Global, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Mobileye Global
- Currently trading with a volume of 2,272,853, the MBLY's price is up by 1.91%, now at $32.5.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 15 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 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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