Big rich investors bought lots of options for Mobileye Global for the price of around $10 and $16 dollars. It means that they are probably hoping to buy the stocks cheaper and sell them for higher later.
- 24 options to sell (puts) for a total of 5.5 million dollars
- 1 option to buy (call) for 25,057 dollars
They spent around 5.5 million dollars buying these options, which is pretty big. Usually, big players like these know something, so maybe they think that the stock price will go down and they will buy the stocks cheaper.
But remember, options are risky and you should only buy options if you really know what you are doing and understand the risks.
Read from source...
"The article on Benzinga discusses a single options trading action on the stock 'MBLY' made by a large money player. The author, Benzinga Insights, uses this single trading action to make a bold statement about the stock's future direction, suggesting that it is about to drop significantly due to the bearish position of the options trader.
While the author presents some useful data such as the volume and open interest of certain MBLY options, the analysis lacks depth and comprehensiveness. It provides no information about the overall options trading volume, the market's sentiment, or other fundamental and technical indicators that would help in making a more informed prediction about the stock's future direction.
In addition, the author engages in some inconsistencies and emotional behavior. For instance, they highlight the trades of the 'large money players' without providing any evidence to back up the claim that these trades are indicative of market sentiment. They also suggest that these traders 'know something' that others don't, implying a level of insider information that is likely not the case.
Furthermore, the author demonstrates biases by stating that 'retail traders should know' about these trades, as if retail traders are lesser investors who need to be enlightened by institutional or large money investors. This assumption is not only unfounded but also potentially damaging, as it perpetuates a power dynamic that is not conducive to healthy market behavior.
The author also makes a number of emotional arguments, such as stating that 'something big' has happened with MBLY when a large options trade is made. This type of language is not helpful in a serious financial discussion and can be seen as manipulative or fear-mongering.
In conclusion, the article by Benzinga Insights is lacking in depth and comprehensiveness, engages in inconsistencies and emotional behavior, and makes a number of assumptions that are not supported by evidence. While the author presents some useful data, it is not sufficient to make a informed prediction about the future direction of the stock.
Source: Mobileye Global (MBLY): A Prediction Based on One Options Trade"
The piece from AI seems to be criticizing the Benzinga piece for the reasons I mentioned in the comment and reiterating them. They appear to be using a narrative style of argument rather than providing any evidence or data to support their assertions.
In addition, they make a number of assumptions about the motivations and actions of the author and the market participants mentioned in the article, which are not supported
bearish
Based on the keywords and phrases in the article, I am using the following sentiment scores for the article:
- bearish - 1
- bullish - 0
- negative - 0
- positive - 0
- neutral - 0
The overall sentiment of this article is negative.