A whale with a lot of money to spend has taken a noticeably bearish stance on Caterpillar.
Looking at options history for Caterpillar (NYSE:CAT) we detected 19 strange trades.
IRVING, Texas, Oct. 4, 2022 /PRNewswire/ -- To support customers during the energy transition to a lower-carbon future, Caterpillar (NYSE:CAT) will display four electric machine prototypes, including battery
Atlantic Equities raised Netflix, Inc. (NASDAQ: NFLX) price target from $211 to $283. Atlantic Equities analyst Hamilton Faber also upgraded the stock from Neutral to Overweight. Netflix shares rose 1.7% to $228.25 in pre-market trading.
Someone with a lot of money to spend has taken a bearish stance on Caterpillar (NYSE:CAT).
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 Caterpillar.
Looking at options history for Caterpillar (NYSE:CAT) we detected 44 strange trades.
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years by 3.93% on an annualized basis producing an average annual return of 11.92%. Currently, Caterpillar has a market capitalization of $94.18 billion.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.