MongoDB Unusual Options Activity For June 26
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for MongoDB (NASDAQ:MDB) with a bearish stance. Benzinga's options scanner spotted 15 uncommon options trades, with 26% bullish and 73% bearish sentiment. Whales have been targeting a price range of $70 to $650 for MongoDB over the last 3 months.
June 26, 2023 | 6:02 pm
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MongoDB experiences unusual options activity with a bearish stance. 73% of big-money traders are bearish, targeting a price range of $70 to $650 over the last 3 months.
The unusual options activity with a predominantly bearish sentiment suggests that big-money traders expect MongoDB's stock price to decline in the short term. This could be due to various factors such as market conditions, company performance, or other external factors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100