This Is What Whales Are Betting On Sea
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Sea (NYSE:SE), as indicated by a significant position in options. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $25.0 to $85.0 for Sea over the last 3 months. Currently, the price of SE is up 1.81% at $45.6.
November 06, 2023 | 3:46 pm
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A large investor has taken a bearish stance on Sea (NYSE:SE), indicating potential downward pressure on the stock in the short term.
The bearish stance taken by a large investor, as indicated by a significant options position, suggests that they expect the price of Sea (NYSE:SE) to fall. This could put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100