Sea Unusual Options Activity For July 24
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Sea (NYSE:SE) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 16% bullish and 83% bearish. Out of the special options, 9 are puts, for a total amount of $701,269, and 3 are calls, for a total amount of $112,380. The whales have been targeting a price range from $30.0 to $90.0 for Sea over the last 3 months.
July 24, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Unusual options activity indicates a significant bearish stance on Sea (NYSE:SE). The sentiment of big-money traders is 83% bearish, with a targeted price range of $30.0 to $90.0 over the last 3 months.
The unusual options activity, with a significant bearish sentiment, indicates that there is a belief among big-money traders that the price of Sea's stock will decrease. This could lead to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100