Notable Call Options Activity on Kellogg
Shares of Kellogg (NYSE: K) are higher on the session by 0.83%, trading at $50.76. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest action is the January 2012 $52.50 call, which has traded 2,100 times on open interest of 2,775 contracts.
Call volume is outpacing put volume by 10 to 1.
Kellogg Company and its subsidiaries manufacture and market ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. Its principal products include cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods.
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