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MP Materials Unusual Options Activity - MP Materials (NYSE:MP)
Benzingaยท 2025-11-18 16:01
Core Insights - Investors are showing a bullish stance on MP Materials, with significant options trading activity indicating potential upcoming developments [1][2] - The overall sentiment among large traders is split evenly between bullish and bearish positions, with a notable preference for call options [3] Options Trading Activity - A total of 16 uncommon options trades were identified, with 14 being calls amounting to $1,264,473 and 2 puts totaling $143,580 [2][3] - The projected price targets for MP Materials range from $50.0 to $145.0 based on the volume and open interest of options contracts over the last three months [4] - Current average open interest for MP Materials options is 2,336.36, with total volume reaching 10,660.00 [5] Company Overview - MP Materials Corp is the leading producer of rare earth materials in the Western Hemisphere, operating the Mountain Pass Rare Earth Mine and Processing Facility [10] - The company is also developing a manufacturing facility for rare earth metals, alloys, and magnets in Fort Worth, Texas [10] - MP Materials operates in two segments: Materials and Magnetics [10] Market Position and Analyst Ratings - Recent analyst ratings for MP Materials show a consensus target price of $75.67, with upgrades from Deutsche Bank to Buy at $71, DA Davidson maintaining a Buy rating at $82, and JP Morgan raising its rating to Overweight with a target of $74 [11][12] - The current trading volume for MP Materials is 5,027,484, with the stock price at $58.28, reflecting a 2.29% increase [14]