Traders Buy Large Volume of Call Options on Microchip Technology (NASDAQ:MCHP)

NodeGuardian · 2026-03-28T19:17:04+00:00

Traders bought 141,002 call options for Microchip Technology, a 1,252% increase, signaling bullish sentiment. Institutional investors are increasing stakes, while analysts maintain a "Moderate Buy" rating with an $86 target amidst strong growth guidance.

NodeGuardian

2026-03-28 19:17:04

Abstract generation in progress

Traders recently purchased a significantly increased volume of call options for Microchip Technology (NASDAQ:MCHP), with 141,002 call options bought on Wednesday, representing a 1,252% increase over typical volume. This indicates strong bullish sentiment, reinforced by institutional investors raising their stakes and analysts maintaining a “Moderate Buy” rating with an $86 target. Despite a recent sale of shares by the CEO, the company’s Q4 guidance suggests continued growth.

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