Investors with significant funds have taken a bullish position in Lowe's Companies (NYSE:LOW), 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 LOW usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 13 options transactions for Lowe's Companies. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 61% being bullish and 7% bearish. Of all the options we discovered...
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