Monolithic Power Systems Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 12 options trades for Monolithic Power Systems (NASDAQ:MPWR) totaling $394,144. Whales have been targeting a price range from $520.0 to $600.0 for MPWR over the last 3 months. The mean open interest for MPWR options trades today is 68.62 with a total volume of 210.00. The price of MPWR is down -2.49% at $545.57. Next earnings are expected to be released in 86 days.
August 04, 2023 | 9:57 am
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NEGATIVE IMPACT
Monolithic Power Systems has seen significant options trading activity. The price is currently down and the next earnings are expected in 86 days.
The unusual options activity indicates that investors are making significant bets on the future price of MPWR. The current price drop and upcoming earnings release could influence the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100