Bearish flow noted in Campbell Soup with 4,477 puts trading, or 6x expected. Most active are 7/12 weekly 45 puts and 7/12 weekly 46 puts, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 6.93, while ATM IV is up over 12 points on the day. Earnings are expected on August 28th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPB:
- Argus looking for more favorable entry point on Campbell Soup
- Campbell Soup upgraded to Overweight from Neutral at JPMorgan
- Mixed Signals: Is the U.S. Economy Truly Healthy?
- Campbell Soup price target raised to $49 from $47 at DA Davidson
- Campbell Soup price target raised to $47 from $45 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue