Somebody with some huge cash to spend has taken a bearish stance on Sea SE.
And retail merchants ought to know.
We seen this in the present day when the massive place confirmed up on publicly obtainable choices historical past that we monitor right here at Benzinga.
Whether or not that is an establishment or only a rich particular person, we do not know. However when one thing this massive occurs with SE, it usually means any individual is aware of one thing is about to occur.
So how do we all know what this whale simply did?
As we speak, Benzinga‘s choices scanner noticed 11 unusual choices trades for Sea.
This is not regular.
The general sentiment of those big-money merchants is cut up between 9% bullish and 90%, bearish.
Out of all the particular choices we uncovered, 6 are places, for a complete quantity of $805,247, and 5 are calls, for a complete quantity of $225,387.
What’s The Value Goal?
Taking into consideration the Quantity and Open Curiosity on these contracts, it seems that whales have been concentrating on a worth vary from $50.0 to $80.0 for Sea over the past 3 months.
Quantity & Open Curiosity Growth
Trying on the quantity and open curiosity is an insightful technique to conduct due diligence on a inventory.
This knowledge might help you monitor the liquidity and curiosity for Sea’s choices for a given strike worth.
Under, we will observe the evolution of the amount and open curiosity of calls and places, respectively, for all of Sea’s whale exercise inside a strike worth vary from $50.0 to $80.0 within the final 30 days.
Sea Possibility Quantity And Open Curiosity Over Final 30 Days
Greatest Choices Noticed:
| Image | PUT/CALL | Commerce Kind | Sentiment | Exp. Date | Strike Value | Complete Commerce Value | Open Curiosity | Quantity |
|---|---|---|---|---|---|---|---|---|
| SE | PUT | SWEEP | BEARISH | 01/17/25 | $80.00 | $303.6K | 4.1K | 115 |
| SE | PUT | TRADE | BEARISH | 01/19/24 | $50.00 | $235.0K | 4.7K | 500 |
| SE | PUT | TRADE | BULLISH | 01/19/24 | $55.00 | $104.8K | 1.6K | 161 |
| SE | CALL | TRADE | BEARISH | 06/30/23 | $60.00 | $59.6K | 92 | 4 |
| SE | PUT | SWEEP | BEARISH | 01/19/24 | $60.00 | $56.0K | 3.9K | 107 |
The place Is Sea Standing Proper Now?
- With a quantity of three,247,895, the worth of SE is down -1.36% at $59.49.
- RSI indicators trace that the underlying inventory is at the moment impartial between overbought and oversold.
- Subsequent earnings are anticipated to be launched in 54 days.
Choices are a riskier asset in comparison with simply buying and selling the inventory, however they’ve larger revenue potential. Critical choices merchants handle this threat by educating themselves every day, scaling out and in of trades, following multiple indicator, and following the markets carefully.
If you wish to keep up to date on the newest choices trades for Sea, Benzinga Professional offers you real-time choices trades alerts.
