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Spotlight on Celestica: Analyzing the Surge in Options Activity

Benzinga ·  Nov 20 03:15

Investors with a lot of money to spend have taken a bearish stance onCelestica(NYSE:CLS).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CLS, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 13 options trades forCelestica.

This isn't normal.

The overall sentiment of these big-money traders is split between 46% bullish and 53%, bearish.

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