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Cognizant Tech Solns's Options: A Look at What the Big Money Is Thinking

Benzinga ·  May 17 12:01

High-rolling investors have positioned themselves bearish on Cognizant Tech Solns (NASDAQ:CTSH), 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 CTSH often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 12 options trades for Cognizant Tech Solns. This is not a typical pattern.

The sentiment among these major traders is split, with 41% bullish and 58% bearish. Among all the options we identified, there was one put...

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