Bullish option flow detected in General Mills (GIS) with 5,540 calls trading, 2.0x expected, and implied vol increasing over 1 point to 31.01%. Oct-26 40 calls and Oct-26 35 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.30. Earnings are expected on June 24th.
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Read More on GIS:
- General Mills price target lowered to $41 from $43 at Barclays
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- General Mills price target lowered to $36 from $42 at JPMorgan