What the Options Market Tells Us About Estee Lauder Cos

Benzinga ·  12/01/2023 00:17

Investors with a lot of money to spend have taken a bearish stance on Estee Lauder Cos (NYSE:EL).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 EL, 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 20 uncommon options trades for Estee Lauder Cos.This isn't

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