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This Is What Whales Are Betting On AbbVie

Benzinga ·  Nov 12 02:46

Deep-pocketed investors have adopted a bullish approach towards AbbVie (NYSE:ABBV), 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 ABBV usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 67 extraordinary options activities for AbbVie. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 49% leaning bullish and 40% bearish. Among these...

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