Decoding MercadoLibre's Options Activity: What's the Big Picture?

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Deep-pocketed investors have adopted a bullish approach towards MercadoLibre MELI, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MELI usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for MercadoLibre. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 36% leaning bullish and 36% bearish. Among these notable options, 6 are puts, totaling $370,733, and 5 are calls, amounting to $269,000.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1700.0 to $2300.0 for MercadoLibre over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of MercadoLibre stands at 40.82, with a total volume reaching 41.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in MercadoLibre, situated within the strike price corridor from $1700.0 to $2300.0, throughout the last 30 days.

MercadoLibre 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MELI PUT SWEEP BEARISH 03/21/25 $302.1 $287.3 $296.92 $2000.00 $148.4K 64 5
MELI CALL TRADE BEARISH 01/31/25 $66.5 $62.7 $62.7 $1730.00 $125.4K 38 20
MELI PUT TRADE NEUTRAL 01/16/26 $624.3 $612.0 $618.15 $2300.00 $61.8K 36 1
MELI PUT TRADE BEARISH 06/20/25 $293.1 $279.6 $290.0 $1940.00 $58.0K 15 0
MELI CALL TRADE BULLISH 01/15/27 $440.0 $440.0 $440.0 $1700.00 $44.0K 16 1

About MercadoLibre

MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

In light of the recent options history for MercadoLibre, it's now appropriate to focus on the company itself. We aim to explore its current performance.

MercadoLibre's Current Market Status

  • Currently trading with a volume of 66,265, the MELI's price is down by 0.0%, now at $1721.8.
  • RSI readings suggest the stock is currently may be approaching oversold.
  • Anticipated earnings release is in 51 days.

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Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MercadoLibre with Benzinga Pro for real-time alerts.

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