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...