Looking At Caterpillar's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for Caterpillar (NYSE:CAT) shows a bearish sentiment among large investors, with 53% of trades being bearish. The major market movers are focusing on a price range between $220.0 and $390.0. The stock is currently trading at $347.06 with neutral RSI indicators and an earnings announcement expected in 5 days.
August 01, 2024 | 6:47 pm
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Recent options activity for Caterpillar shows a bearish sentiment among large investors, with 53% of trades being bearish. The stock is currently trading at $347.06 with neutral RSI indicators and an earnings announcement expected in 5 days.
The majority of recent options trades for Caterpillar are bearish, indicating that large investors expect the stock price to decline in the short term. The upcoming earnings announcement could further impact the stock price.
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IMPORTANCE 80
RELEVANCE 100