Bullish option flow detected in MP Materials (MP) with 2,880 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 53.16%. Jan-25 22.5 calls and Mar-25 22.5 calls are the most active options, with total volume in those strikes near 970 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 27th.
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Read More on MP:
- MP Materials price target raised to $23 from $16 at Morgan Stanley
- MP Materials (MP) Gaining Investors’ Interest Amidst Growing Trade Wars
- MP Materials rises 12.3%
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- MP Materials price target raised to $26 from $23 at Canaccord
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.