Notable Put Options Activity in Kroger

Shares of Kroger

are higher on the session by 2.56%, currently trading at $22.66. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the October 2011 $22.00 put traded 2,400 times on open interest of 2,068 contracts. Put volume is outpacing call volume 5 to 1. The Kroger Co. is a retailer in the United States. The company also manufactures and processes some of the food for sale in its supermarkets. As of January 29, 2011, the company operated 2,460 supermarket and multi-department stores under banners, which included Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's. Of these stores, 1,014 had fuel centers.