Caterpillar (NYSE:CAT) has seen a surge in options activity, with a notable bullish sentiment among high-rolling investors. Benzinga's options scanner revealed 23 significant trades, predominantly calls, targeting a price range of $340.0 to $370.0. The company, a leading manufacturer of heavy equipment, has a current stock price of $349.75, slightly down by -0.61%. Analysts have mixed opinions, with recent downgrades but still a higher average target price than the current. The next earnings report is expected in 37 days.