Sea Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Sea (NYSE:SE), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $312,165 and for calls is $129,575. Whales have been targeting a price range from $53.0 to $70.0 for Sea over the last 3 months. The price of SE is down -1.77% at $56.31. UBS upgraded its action to Buy with a price target of $86.
August 09, 2023 | 6:17 pm
News sentiment analysis
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Sea (NYSE:SE) has seen significant options activity, with a split between bullish and bearish sentiment. The stock price is currently down, but UBS has upgraded its rating to Buy with a price target of $86.
The news indicates a split sentiment among investors, with equal parts bullish and bearish. This could lead to volatility in the short term. However, the upgrade from UBS to a Buy rating with a price target of $86 suggests potential upside in the longer term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100