Sea(US:SE) Benzinga·2025-11-26 20:01Core Insights - Deep-pocketed investors have adopted a bearish approach towards Sea, indicating potential significant market movements ahead [1] - The options activity for Sea shows a divided sentiment among investors, with 53% bearish and 26% bullish [2] Options Activity - A total of 15 extraordinary options activities were recorded for Sea, with puts totaling $724,206 and calls amounting to $864,295 [2] - The major market movers are focusing on a price range between $72.5 and $180.0 for Sea over the last three months [3] Volume and Open Interest - Insights into volume and open interest reveal key trends in liquidity and interest levels for Sea's options at specific strike prices [4] - A snapshot of the trends in volume and open interest for calls and puts indicates significant trading activity within the strike price range of $72.5 to $180.0 over the past month [4] Largest Options Trades - Notable options trades include a bearish put trade with a total price of $493.5K at a strike price of $115.00, and several call trades with varying sentiments and strike prices [8] Company Overview - Sea operates Southeast Asia's largest e-commerce platform, Shopee, and has expanded from its origins in gaming with Garena [9] - As of March 31, 2024, the founder, Forrest Xiaodong Li, holds 59.8% of voting power, while Tencent owns 18.2% of issued shares [9] Analyst Opinions - Industry analysts propose an average target price of $185.0 for Sea, with varying ratings and target prices from different firms, including a Hold rating from TD Cowen and a Buy rating from Deutsche Bank [11][12] Current Market Status - Trading volume for Sea stands at 2,204,228, with the stock price at $138.2, reflecting a 1.4% increase [14] - Earnings announcement is expected in 97 days, indicating a potential catalyst for future price movements [14]