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Unpacking the Latest Options Trading Trends in Caterpillar

Benzinga ·  Oct 15 22:16

Whales with a lot of money to spend have taken a noticeably bullish stance onCaterpillar.

Looking at options history for Caterpillar (NYSE:CAT) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $559,556 and 5, calls, for a total amount of $637,103.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $350.0 and $430.0 for Caterpillar...

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.
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