Mobileye Global Option Alert: Nov 15 $14 Calls Sweep (35) Near The Ask: 2686 @ $1.2 Vs 1596 OI; Earnings 10/24 Before Open [est] Ref=$12.54
Portfolio Pulse from Benzinga Newsdesk
An option alert for Mobileye Global indicates a sweep of 2,686 November 15 $14 call options at $1.2, compared to an open interest of 1,596. This suggests increased bullish sentiment ahead of their earnings report on October 24.
September 25, 2024 | 3:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
A significant sweep of call options for Mobileye Global suggests bullish sentiment as investors anticipate the upcoming earnings report on October 24. The current reference price is $12.54.
The large volume of call options traded near the ask price indicates that investors are expecting a positive movement in Mobileye's stock price, likely driven by the upcoming earnings report. The open interest comparison suggests this is a new position, reinforcing the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100