Looking At MongoDB's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent analysis of MongoDB's (NASDAQ:MDB) options activity reveals a significant bearish sentiment among traders, with 64% of trades being bearish. The options activity includes 10 puts valued at $956,107 and 4 calls valued at $195,440. Analysts have mixed ratings on MongoDB, with target prices ranging from $250 to $470.
June 05, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MongoDB has experienced significant bearish options activity, with 64% of trades being bearish. This could indicate a short-term downward pressure on the stock. Analysts have mixed ratings, with target prices ranging from $250 to $470.
The significant bearish sentiment in the options market suggests that traders expect the stock to decline in the short term. However, mixed analyst ratings provide a range of potential outcomes, adding some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100