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Smart Money Is Betting Big In CAT Options

Benzinga ·  May 21 11:01

Investors with a lot of money to spend have taken a bearish stance onCaterpillar(NYSE:CAT).

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 CAT, 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 15 uncommon options trades for Caterpillar.

This isn't normal.

The overall sentiment...

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