Check Out What Whales Are Doing With MELI
Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ: MELI ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with MELI, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 21 uncommon options trades for MercadoLibre. This isn''t normal. The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish. Out of all of the special options … Full story available on Benzinga.com
Check Out What Whales Are Doing With MELI
Someone with a lot of money to spend has taken a bearish stance on MercadoLibre (NASDAQ: MELI ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with MELI, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 21 uncommon options trades for MercadoLibre. This isn''t normal. The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish. Out of all of the special options … Full story available on Benzinga.com