Sea's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment on Sea Limited (NYSE:SE) through significant options trading activity. Benzinga's options scanner detected 10 trades, with 60% being bullish. The stock price is currently up by 3.98% at $89.12, and the RSI indicates it may be approaching overbought territory.
September 23, 2024 | 2:16 pm
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POSITIVE IMPACT
Sea Limited (NYSE:SE) has seen a surge in options trading activity, with a majority of trades being bullish. This suggests investor confidence in the stock's potential rise. The stock is currently up by 3.98%, and RSI indicators suggest it may be nearing overbought levels.
The significant options activity, with 60% of trades being bullish, indicates strong investor confidence in Sea Limited's stock price increasing. The current stock price increase of 3.98% supports this sentiment. However, the RSI suggests caution as the stock may be approaching overbought territory.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100