Looking At MongoDB's Recent Unusual Options Activity

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Deep-pocketed investors have adopted a bearish approach towards MongoDB MDB, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MDB usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for MongoDB. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 20% leaning bullish and 80% bearish. Among these notable options, 2 are puts, totaling $61,301, and 8 are calls, amounting to $392,891.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $175.0 and $280.0 for MongoDB, spanning the last three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for MongoDB options trades today is 349.11 with a total volume of 3,948.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for MongoDB's big money trades within a strike price range of $175.0 to $280.0 over the last 30 days.

MongoDB Call and Put Volume: 30-Day Overview

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MDB CALL TRADE BEARISH 02/28/25 $14.8 $14.6 $14.6 $265.00 $102.2K 58 51
MDB CALL TRADE BEARISH 02/28/25 $12.55 $12.05 $12.05 $270.00 $60.2K 26 129
MDB CALL SWEEP BULLISH 02/07/25 $2.4 $2.37 $2.4 $280.00 $54.9K 284 2.0K
MDB CALL TRADE BEARISH 03/21/25 $34.2 $33.05 $33.05 $250.00 $46.2K 500 16
MDB CALL SWEEP BEARISH 02/07/25 $28.0 $26.95 $28.0 $237.50 $42.0K 1 15

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.

Where Is MongoDB Standing Right Now?

  • With a trading volume of 588,072, the price of MDB is down by -2.36%, reaching $266.87.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 31 days from now.

What The Experts Say On MongoDB

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $320.0.

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 Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $344. * An analyst from Guggenheim upgraded its action to Buy with a price target of $300. * Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Perform rating on MongoDB with a target price of $275. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on MongoDB with a target price of $330. * Reflecting concerns, an analyst from China Renaissance lowers its rating to Buy with a new price target of $351.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MongoDB with Benzinga Pro for real-time alerts.

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