Investors have shown a bearish stance on Caterpillar (NYSE:CAT), with unusual options activity indicating a mixed sentiment among big-money traders. Benzinga's options scanner revealed 19 uncommon trades, with a sentiment split of 36% bullish and 47% bearish. The trades suggest a price target range for CAT between $315.0 and $400.0. Notable options activity includes both calls and puts with varying sentiments and strike prices. Caterpillar, a leading manufacturer of heavy equipment, has seen its stock price increase by 1.95% to $344.58, with indicators suggesting it may be approaching oversold territory.