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Lyft Unusual Options Activity For December 11

Benzinga ·  Dec 11 23:45

Investors with a lot of money to spend have taken a bearish stance onLyft(NASDAQ:LYFT).

And retail traders should know.

We noticed this today when the trades 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 LYFT, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 16 uncommon options trades for Lyft.

This isn't normal.

The overall sentiment...

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