This Is What Whales Are Betting On Sea
Portfolio Pulse from Benzinga Insights
A large bullish position has been taken on Sea (NYSE:SE), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 76% bullish and 23% bearish. Whales have been targeting a price range from $60.0 to $70.0 for Sea over the last 3 months. The price of SE is currently down -1.85% at $61.58. Next earnings are expected to be released in 28 days.
July 18, 2023 | 4:15 pm
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A large bullish position has been taken on Sea (NYSE:SE). The overall sentiment of these big-money traders is 76% bullish. The price of SE is currently down -1.85% at $61.58. Next earnings are expected to be released in 28 days.
The large bullish position taken on Sea indicates that big-money traders are expecting the stock price to rise. This could potentially lead to an increase in the stock price in the short term. However, the current price is down -1.85% at $61.58, which might be a temporary setback. The upcoming earnings release in 28 days could also have a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100