Someone with a lot of money to spend has taken a bullish stance on Bank of America (NYSE:BAC).
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.
A whale with a lot of money to spend has taken a noticeably bearish stance on Bank of America.
Looking at options history for Bank of America (NYSE:BAC) we detected 20 strange trades.
Warren Buffett's Berkshire Hathaway Inc. Class A (NYSE: BRK-A) lists numerous dividend stocks among its holdings, with the highest-yielding companies returning at least 3%.
On Friday, the SPDR S&P 500 (ACRA: SPY) suffered its first big bearish day since July 26, sliding 1.35% and printing a bearish Marubozu candlestick, which suggests lower prices are likely to come again on Monday.
For those unfamiliar, Steven Cohen is an American billionaire hedge fund manager that founded Point72 Asset Management and is the owner of Major League Baseball Team the New York Mets.
Warren Buffett-owned Berkshire Hathaway, Inc.’s (NYSE: BRK-A) (NYSE: BRK-B) portfolio saw some noteworthy and a few other nominal changes in the second quarter, according to the company's 13F filing.