ConocoPhillips Whale Trades For August 29
Someone with a lot of money to spend has taken a bearish stance on ConocoPhillips (NYSE: COP ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with COP, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 27 uncommon options trades for ConocoPhillips. This isn''t normal. The overall sentiment of these big-money traders is split between 48% bullish and 51%, bearish. Out of all of the special options we uncovered, 8 are puts, for a total amount of $482,980, and 19 are calls, for a total amount of … Full story available on Benzinga.com
ConocoPhillips Whale Trades For August 29
Someone with a lot of money to spend has taken a bearish stance on ConocoPhillips (NYSE: COP ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with COP, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 27 uncommon options trades for ConocoPhillips. This isn''t normal. The overall sentiment of these big-money traders is split between 48% bullish and 51%, bearish. Out of all of the special options we uncovered, 8 are puts, for a total amount of $482,980, and 19 are calls, for a total amount of … Full story available on Benzinga.com