Why is this bearish?

[TimtheEnchanter]

From TWS (options alert)

 

[GuerrillaTrading]

maybe the trader had a short position in the underlying which he was trying to cover... nevertheless, M looks like it might be breaking out of base

 

[TimtheEnchanter]

I am looking at Benzinga's unusual options activity on 10 consumer stocks. There are a couple of LARGE ITM call options purchases they label as bearish...I am confused...

 

[MarkBrown]

you can never know the intentions behind fundamental data, what's an absolute is the actual price movement of the underlying and the "broad market" that will tell you all you need to know without trying to make sense of words someone "maybe with an agenda" types.

 

[JSOP]

Cuz it's IB. I take anything that IB publishes with a grain of salt.