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Eaton Corp's Options Frenzy: What You Need to Know

Benzinga ·  May 23 22:46

Investors with a lot of money to spend have taken a bullish stance onEaton Corp(NYSE:ETN).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ETN, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades forEaton Corp.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish...

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