Notable Put Options Activity in The Kroger Co.
February 10, 2012 12:31 PM
Shares of The Kroger Co. (NYSE: KR) are lower on the session by 0.25%, currently trading at $23.52. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $23.00 put, which has traded 5,400 times on open interest of 372 contracts.
Put volume is outpacing call volume by 24 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.
