share_log

Smart Money Is Betting Big In HON Options

Benzinga ·  Aug 22 23:33

Investors with significant funds have taken a bearish position in Honeywell Intl (NASDAQ:HON), a development that retail traders should be aware of.

This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in HON usually indicates foreknowledge of upcoming events.

Today, Benzinga's options scanner identified 10 options transactions for Honeywell Intl. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 20% being bullish and 40% bearish. Of all the options we discovered, 9 are puts...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment