Unpacking the Latest Options Trading Trends in MercadoLibre

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Investors with a lot of money to spend have taken a bullish stance on MercadoLibre MELI.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, 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 these investors 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 47% bullish and 38%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $357,786, and 17 are calls, for a total amount of $1,584,058.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $1200.0 to $3200.0 for MercadoLibre over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for MercadoLibre options trades today is 63.59 with a total volume of 128.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for MercadoLibre's big money trades within a strike price range of $1200.0 to $3200.0 over the last 30 days.

MercadoLibre Call and Put Volume: 30-Day Overview

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 CALL TRADE BULLISH 03/21/25 $168.4 $164.8 $168.4 $1750.00 $252.6K 51 18
MELI PUT TRADE BULLISH 02/21/25 $322.5 $303.6 $305.72 $2100.00 $244.5K 6 0
MELI CALL SWEEP BULLISH 01/17/25 $44.5 $40.1 $44.5 $1800.00 $222.5K 257 51
MELI CALL SWEEP BULLISH 02/14/25 $93.6 $90.0 $93.6 $1800.00 $159.1K 0 24
MELI CALL TRADE BEARISH 01/24/25 $110.0 $106.0 $106.0 $1740.00 $159.0K 16 0

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.

Following our analysis of the options activities associated with MercadoLibre, we pivot to a closer look at the company's own performance.

Current Position of MercadoLibre

  • Currently trading with a volume of 92,424, the MELI's price is up by 3.23%, now at $1822.08.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 48 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for MercadoLibre, Benzinga Pro gives you real-time options trades alerts.

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