High-rolling investors have positioned themselves bearish on AutoZone (NYSE:AZO), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AZO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 14 options trades for AutoZone. This is not a typical pattern.
The sentiment among these major traders is split, with 28% bullish and 42% bearish. Among all the options we identified, there was one put, amounting to $27,720, and 13 calls...
Login or create a forever free account to read this news
Sign up/Log in