This Is What Whales Are Betting On MercadoLibre

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Whales with a lot of money to spend have taken a noticeably bearish stance on MercadoLibre.

Looking at options history for MercadoLibre MELI we detected 27 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $649,522 and 18, calls, for a total amount of $1,432,124.

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 $1300.0 to $2300.0 for MercadoLibre over the last 3 months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for MercadoLibre's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of MercadoLibre's whale activity within a strike price range from $1300.0 to $2300.0 in the last 30 days.

MercadoLibre Call and Put Volume: 30-Day Overview

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MELI CALL TRADE BEARISH 03/21/25 $168.7 $156.3 $160.0 $2000.00 $448.0K 242 38
MELI PUT SWEEP BULLISH 06/20/25 $153.5 $148.4 $148.4 $2050.00 $296.8K 27 20
MELI CALL SWEEP NEUTRAL 02/28/25 $85.9 $81.0 $81.0 $2100.00 $178.2K 19 1
MELI PUT TRADE NEUTRAL 03/21/25 $39.0 $35.0 $36.8 $1900.00 $80.9K 169 54
MELI CALL TRADE BEARISH 06/20/25 $818.7 $803.7 $808.91 $1300.00 $80.8K 5 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.

MercadoLibre's Current Market Status

  • With a trading volume of 219,322, the price of MELI is down by -1.19%, reaching $2073.82.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 1 days from now.

What The Experts Say On MercadoLibre

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $2250.0.

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. * In a positive move, an analyst from Raymond James has upgraded their rating to Strong Buy and adjusted the price target to $2250.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MercadoLibre options trades with real-time alerts from Benzinga Pro.

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