Options Bulls Pick Up MongoDB Stock After Selloff

The stock fell more than 18% on Monday

Laura McCandless

Deputy Editor

Sep 30, 2026 at 11:59 AM

MongoDB (NASDAQ:MDB) stock is surging 5.9% to trade at $356.93 at last glance, while attracting plenty of attention in the options pits. So far, 43,780 calls and puts have crossed the tape, more than double the average intraday volume of 20,822 contracts. Options traders are leaning bullish amid the rally, with MDB sporting a positive net option delta volume of 84,000 shares.

The stock fell 18.5% on Monday after news that Meta Platforms (META) poached MongoDB CEO Chirantan "CJ" Desai to spearhead a new business designed to bring the platform's AI tools to corporate customers. Familiar support at the $300 level helped keep losses in check, however, and call traders now appear to be buying in on the dip.

MDB Sept30

Follow @Schaeffers

The $25k Day Trading Barrier is Gone. It's Time to Put Your Capital to Work.

For years, the PDT rule put a major roadblock in front of active traders. The barrier is no longer standing in the way.

But having more freedom doesn't mean every trade is worth taking.

With Dynamite Day Trading Signals, you'll receive up to 2 options trade alerts per week, each targeting 50%+ gains in a single session.

NO holding positions overnight.

NO waiting weeks for a trade to develop.

Just focused options trades designed to capitalize on opportunities as they emerge.

👉 Get Access to Dynamite Day Trading Signals