Monolithic Power Systems''s Options Frenzy: What You Need to Know
Investors with significant funds have taken a bearish position in Monolithic Power Systems (NASDAQ: MPWR ), a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in MPWR usually indicates foreknowledge of upcoming events. Today, Benzinga''s options scanner identified 13 options transactions for Monolithic Power Systems. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 15% being bullish and 69% bearish. Of all the options we discovered, 12 are puts, valued at $928,033, and there was a single call, worth $42,800. 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 $800.0 to $1050.0 for Monolithic Power Systems during the past quarter. Volume & Open Interest Development Looking at the volume and open interest is a powerful move while trading options.
https://www.benzinga.com/insights/options/24/08/40609692/monolithic-power-systemss-options-frenzy-what-you-need-to-know