MongoDB Unusual Options Activity For July 19
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $250.0 to $440.0 for MongoDB over the last 3 months. The price of MDB is currently up 1.27% at $431.44. Several experts have downgraded their ratings on MongoDB, with price targets ranging from $396 to $430.
July 19, 2023 | 3:16 pm
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MongoDB has seen unusual options activity, with majority investors bullish. The stock price is currently up, but experts have downgraded their ratings.
The bullish stance of majority investors in the options market indicates a positive sentiment towards MongoDB. This could potentially drive the stock price up in the short term. However, the downgraded ratings from experts might create a negative sentiment, which could limit the upward potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100