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This Is What Whales Are Betting On Eaton Corp

Benzinga ·  Dec 11 04:49

High-rolling investors have positioned themselves bullish on Eaton Corp (NYSE:ETN), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ETN often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 14 options trades for Eaton Corp. This is not a typical pattern.

The sentiment among these major traders is split, with 35% bullish and 35% bearish. Among all the options we identified, there was one put, amounting to...

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