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Decoding Petrobras Brasileiro's Options Activity: What's the Big Picture?

Benzinga ·  Aug 29 10:01

Investors with a lot of money to spend have taken a bullish stance onPetrobras Brasileiro(NYSE:PBR).

And retail traders should know.

We noticed this today when the trades 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 PBR, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for Petrobras Brasileiro.

This isn't normal.

The overall sentiment of these big-money traders is split...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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