Whales with a lot of money to spend have taken a noticeably bearish stance on MongoDB.
Looking at options history for MongoDB (NASDAQ:MDB) we detected 36 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 22 are puts, for a total amount of $1,218,436 and 14, calls, for a total amount of $649,836.
Expected Price MovementsTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $270.0 to $500.0 for MongoDB over the last 3 months.
Volume & Open Interest TrendsIn today's trading context, the average open interest for options of MongoDB stands at 339.38, with a total volume reaching 3,381.00. The accompanying chart delineates the progression of both call and put option volume and open interest for ...
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