Check Out What Whales Are Doing With Sea
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 $175,619 and for calls is $865,637. Whales have been targeting a price range from $40.0 to $55.0 for Sea over the last 3 months. The price of SE is up 0.84% at $47.08. RSI indicators suggest the stock may be overbought.
October 17, 2023 | 5:01 pm
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Whale investors have taken a bullish stance on Sea (NYSE:SE), with equal numbers of investors opening trades with bullish and bearish expectations. The stock price is up 0.84% at $47.08, but RSI indicators suggest it may be overbought.
The news of a whale investor taking a bullish stance on Sea, along with the fact that 50% of investors are also bullish, is likely to have a positive impact on the stock price in the short term. However, the RSI indicators suggest that the stock may be overbought, which could lead to a price correction in the near future.
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