Notable Friday Option Activity: BX, MPWR, XOM

Options trading for Monolithic Power Systems (MPWR) and Exxon Mobil (XOM) registered significant volume today, with MPWR's 2,386 contracts representing 45.5% of its average daily stock volume and XOM's 61,157 contracts representing 42.1%. Notably, the August 2025 $900 strike call for MPWR and the August 2025 $111 strike call for XOM saw particularly high activity, indicating considerable investor interest or positioning around these specific upside price targets for both companies.

Analysis

Significant options market activity was observed in both Monolithic Power Systems (MPWR) and Exxon Mobil (XOM), with total options volume representing a substantial portion of their respective average daily stock trading volumes. For MPWR, the 2,386 contracts traded accounted for 45.5% of its monthly average daily share volume, while XOM's 61,157 contracts represented 42.1%. The activity was particularly concentrated in specific long-dated call options, namely the August 2025 $900 strike for MPWR and the August 2025 $111 strike for XOM. This specific focus on calls with a distant expiration suggests that certain market participants are positioning for considerable upside in both stocks over the coming year, with the highlighted strike prices serving as specific points of interest.

Key Decisions for Investors

• Investors should note the pronounced activity in long-dated call options for both MPWR and XOM as it may signal bullish conviction from a segment of the market, establishing potential future price targets.