Looking At Estee Lauder Cos's Recent Unusual Options Activity

Benzinga ·  12/05/2023 00:31

Deep-pocketed investors have adopted a bullish approach towards Estee Lauder Cos (NYSE:EL), 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 EL usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Estee Lauder Cos. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 73% leaning bullish

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