Upgrade to SI Premium - Free Trial

Put Buying Continues in Kroger (KR), Highlighting Bearish Sentiment in Shares Through End of 2018 -Susquehanna

October 11, 2018 2:59 PM

Susquehanna options strategist Alison Edwards notes bearish options sentiment in Kroger (NYSE: KR), as an investor bought 5k Dec 28 Puts, paying between $1.84 and $2.00. Continuing the recent trend of downside protection buying, the investor is expressing a bearish sentiment, suggesting the stock could continue to trade lower into the end of the year. The Dec options capture earnings on 12/6.

Categories

Options Trader Talk

Next Articles