Notable Call Options Activity on Kellogg
Shares of Kellogg (NYSE: K) are lower on the session by 0.12%, trading at $50.69. The stock has been moving largely higher over the past six months 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 February 2012 $55.00 call, which has traded 1,300 times on open interest of 0 contracts.
Call volume is outpacing put volume by 40 to 1.
Kellogg Company is engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods. The company principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods.
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