Market Overview

My goal is to be on stage with my computer and let you
see my screen and make sure you know what buttons to
press, where you’re getting in & out, how to calculate
risk, your targets — all of those things.
It’s real-life trading. Make sure you sign up!
- Jerremy Newsome
GET TICKETS

Alan Knuckman's Kroger Options Trade

Share:

Alan Knuckman of ‎Bulls Eye Option spoke on Bloomberg Markets about a bullish options trade in Kroger Co (NYSE: KR).

He wants to buy the January 2019, 25 call for $6.75. He explained that it's only $1 more expensive than the January 2018, 25 call and it gives more time for the stock to move higher. He added that Kroger Co is under pressure because low inflation has had a negative impact on its margins.

Knuckman believes inflation could increase, because he sees some improvement in the wage inflation. If that happens the stock is going to trade higher. The trade breaks even at $31.75 or 5.52 percent higher.

Posted-In: Alan Knuckman Bloomberg MarketsOptions Markets Media

 

Related Articles (KR)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

Dan Nathan Sees Unusual Options Activity In Wynn Resorts

10 Stocks To Watch For June 6, 2017