share_log

Decoding MongoDB's Options Activity: What's the Big Picture?

Benzinga ·  11/28/2023 04:30

Whales with a lot of money to spend have taken a noticeably bearish stance on MongoDB.Looking at options history for MongoDB (NASDAQ:MDB) we detected 17 trades.If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.From the overall spotted trades, 2 are puts, for a total amount of $56,960 and 15, calls, for a total amount of $950,401.Predicted Price RangeAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $260.0 to $500.0 for MongoDB during the

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment