Investors with significant funds have taken a bearish position in Eaton Corp (NYSE:ETN), 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 ETN usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 8 options transactions for Eaton Corp. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 0% being bullish and 75% bearish. Of all the options we discovered, 7 are puts...
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