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...
Login or create a forever free account to read this news
Sign up/Log in