Mike Khouw Sees Unusual Options Activity In Coca-Cola

The daily call options trading volume in The Coca-Cola Co KO tripled on Wednesday, said Mike Khouw on CNBC's Options Action. The most active were the January 2016, 50 strike call options and they were trading at $0.80. The breakeven for this trade is at $50.80, which means that traders see Coca-Cola approximately 20 percent higher on January 2016 expiration.