Investors with significant funds have taken a bearish position in Comerica (NYSE:CMA), 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 CMA usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 19 options transactions for Comerica. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 31% being bullish and 68% bearish. Of all the options we discovered, 18 are puts, valued at...
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