Someone with a lot of money to spend has taken a bearish stance on KKR & Co (NYSE:KKR).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
The Nasdaq Composite dropped by more than 400 points on Friday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.