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This Is What Whales Are Betting On U.S. Bancorp

Benzinga ·  Oct 11 23:04

Deep-pocketed investors have adopted a bearish approach towards U.S. Bancorp (NYSE:USB), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in USB usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for U.S. Bancorp. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 37% leaning bullish...

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