Looking At Sea's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A large bearish position on Sea (NYSE:SE) has been spotted, with 90% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $50 to $80 for Sea over the last 3 months.
June 22, 2023 | 8:16 pm
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A large bearish position on Sea (NYSE:SE) has been spotted, with 90% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $50 to $80 for Sea over the last 3 months.
The large bearish position on Sea indicates that big-money traders expect the stock price to decline in the short term. With 90% of these traders showing bearish sentiment, it is likely that the stock price will be negatively impacted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100