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This Is What Whales Are Betting On Caterpillar

Benzinga ·  01:01

Financial giants have made a conspicuous bearish move on Caterpillar. Our analysis of options history for Caterpillar (NYSE:CAT) revealed 16 unusual trades.

Delving into the details, we found 18% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $250,984, and 10 were calls, valued at $1,135,248.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $290.0 to $420.0 for Caterpillar over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for...

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