Option Traders Show Bullish Outlook on Matterport Inc as Stock Crosses Pricing Threshold


IBKR Senior Trading Education Specialist

The daily overall option volume in Matterport Inc. (MTTR) is 26K higher than the average daily option volume (20.5K vs 1.2K). Most of the volume is coming from the over 19K contracts traded in the January 20’23 3 calls with traders beginning to buy over 3K contracts in the January 20’23 3.5 calls as well once the underlying crossed the $3.00 price threshold this morning around 10:10 am E.T.

Matterport’s 52-week trading range is $2.37 to $15.27 and the last time MTTR was over $3.00 was December 13th, 2022. MTTR saw pricing above $3.50 on November 16, 2022, leaving just 5 more full trading days after today for the $3.50 calls to close in the money.

Matterport’s 52-week trading range is $2.37 to $15.27 and the last time MTTR was over $3.00 was December 13th, 2022
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