Key points:

- Mobileye Global is a company that makes technology for cars to drive by themselves or help drivers avoid accidents.
- People can buy and sell parts of these companies, called options, which are risky but can make more money than just buying the regular stock.
- Some people watch how many options are being bought and sold and how much they cost, to see if it's a good time to invest in them or not. Read from source...

1. The article does not mention the main reason why Mobileye Global is in the spotlight: its acquisition by Intel for $15.3 billion in 2017. This acquisition changed the company's trajectory and added a strategic partner that could help accelerate its growth and innovation in the field of autonomous driving and ADAS technologies.

2. The article fails to provide any evidence or data to support the claim that Mobileye Global is engaging in a "frenzy" of options activity. It only shows a graph of whale activity for specific strike prices, which does not indicate anything about the overall market sentiment or trading volume. Moreover, it uses vague terms like "options trades observed" without specifying the number, date, type, or size of these trades.

3. The article misleadingly implies that options are a riskier asset than just trading the stock, when in fact, they are both risky and rewarding assets. Options give investors the right to buy or sell a stock at a predetermined price and time, which can enhance their portfolio performance if used strategically. The article also contradicts itself by stating that options have higher profit potential, but then suggesting to trade the stock instead of options.

4. The article does not provide any insight into Mobileye Global's business model, products, or solutions, nor does it mention its competitive advantages or challenges in the ADAS and autonomous driving market. It only briefly describes some of its offerings without explaining how they work, what benefits they provide, or how they differ from other alternatives available in the market.

5. The article includes irrelevant information such as RSI readings and earnings release dates, which do not help readers understand Mobileye Global's fundamentals or performance. These indicators may be useful for short-term traders, but they are not relevant for investors who are interested in the company's long-term prospects and growth potential.

Given the information provided in the article, I suggest considering the following points before making any decisions regarding Mobileye Global's options:

1. The volume of calls and puts for Mobileye Global has been increasing recently, indicating a growing interest in the stock among investors. This could be an opportunity to enter a position or exit an existing one at a favorable price. However, it also means that the market sentiment may be influenced by external factors that are not directly related to the company's performance, such as news events or analyst reports.
2. The current price of $32.5 is slightly above the average strike price range of $25.0 to $35.0 for the whale activity observed in the last 30 days. This could imply that there is some resistance at this level, and it may be challenging to find an entry point below it without incurring significant slippage or paying a premium. On the other hand, if the price drops below $32.5, it could trigger a sell-off among option holders who have bought calls in anticipation of a higher price.
3. The RSI reading suggests that the stock may be oversold at this point, which means that it could be due for a rebound soon. However, this is not a guarantee that the price will rise, and it does not necessarily indicate that the company's fundamentals are undervalued or overvalued. It may be worthwhile to monitor the technical indicators more closely and look for signs of reversal before entering a long position.
4. The anticipated earnings release is in 15 days, which could provide some clarity on the company's performance and outlook. However, it is also possible that the market reaction to the earnings report may be muted or unpredictable, especially given the recent options activity and the volatility of the stock. Therefore, it may be prudent to wait for a more favorable trading environment before initiating or adjusting any positions based on the earnings news.
5. Options are a risky asset class that requires careful management of risk and reward. Serious options traders should follow best practices such as educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. These strategies can help to minimize losses and maximize profits in a dynamic and uncertain market environment.