Deep-pocketed investors have adopted a bearish approach towards MercadoLibre (NASDAQ: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 8 extraordinary options activities for MercadoLibre. This level of activity is out of the ordinary.
