Investors with a lot of money to spend have taken a bearish stance on Spotify Technology (NYSE:SPOT).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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with SPOT, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 16 uncommon options trades for Spotify Technology.This isn't normal.The overall sentiment of these big-money traders is split between 25% bullish and 43%, bearish.Out of all of the special options we uncovered, 8 are puts, for a total amount of $684,088, and 8 are calls, for a total amount of $845,005.Expected Price MovementsAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $340.0 to $490.0 for Spotify Technology during the past quarter. Volume & Open Interest DevelopmentLooking at the volume and open interest is a ...Full story available on Benzinga.com
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