Financial giants have made a conspicuous bullish move on MercadoLibre. Our analysis of options history for MercadoLibre (NASDAQ:MELI) revealed 11 unusual trades.

Delving into the details, we found 54% of traders were bullish, while 27% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $97,550, and 9 were calls, valued at $293,166.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1900.0 to $2400.0 for MercadoLibre over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research...