Spotlight on Mobileye Global: Analyzing the Surge in Options Activity

Deep-pocketed investors have adopted a bearish approach towards Mobileye Global MBLY, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MBLY usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 40 extraordinary options activities for Mobileye Global. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 35% leaning bullish and 52% bearish. Among these notable options, 5 are puts, totaling $806,614, and 35 are calls, amounting to $2,099,404.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $23.0 to $50.0 for Mobileye Global during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Mobileye Global's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Mobileye Global's whale activity within a strike price range from $23.0 to $50.0 in the last 30 days.

Mobileye Global Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MBLY PUT TRADE BULLISH 01/17/25 $3.9 $3.5 $3.6 $27.00 $540.0K 154 1.6K
MBLY CALL TRADE BEARISH 08/16/24 $3.4 $3.3 $3.3 $30.00 $165.3K 6.2K 6.1K
MBLY CALL TRADE NEUTRAL 08/16/24 $3.2 $3.0 $3.1 $30.00 $154.6K 6.2K 4.6K
MBLY CALL TRADE BEARISH 08/16/24 $2.7 $2.55 $2.6 $34.00 $130.0K 264 5.1K
MBLY PUT SWEEP BEARISH 11/15/24 $1.5 $1.45 $1.5 $23.00 $127.2K 62 1.2K

About Mobileye Global

Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Mobileye is the Company's only reportable operating segment. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.

Where Is Mobileye Global Standing Right Now?

  • With a volume of 13,122,656, the price of MBLY is up 16.55% at $31.93.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 48 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Mobileye Global options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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