Investors with significant funds have taken a bullish position in ConocoPhillips (NYSE:COP), a development that retail traders should be aware of.

This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in COP usually indicates foreknowledge of upcoming events.

Today, Benzinga's options scanner identified 8 options transactions for ConocoPhillips. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 87% being bullish and 0% bearish. Of all the options we discovered, 7 are puts, valued at...