General Mills (GIS) option volume builds after David Faber CNBC says no truth to report on bid

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Active Call Buying in General Mills (GIS) Amid Morning M&A Chatter -Susquehanna

May 4, 2017 1:39 PM EDT

Susquehanna options strategist Alison Edwards notes active call buying in General Mills (NYSE: GIS) this morning, following M&A chatter around the shares, as investors bought ~6000 May 60 Calls for up to $1.00, while another investor purchased 5000 Jab 65 Calls for $1.37.

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