Whales with a lot of money to spend have taken a noticeably bearish stance onMercadoLibre.
Looking at options history for MercadoLibre (NASDAQ:MELI) we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $114,566 and 10, calls, for a total amount of $527,475.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1400.0 to $2160.0 for...
Login or create a forever free account to read this news
Sign up/Log in