Bullish option flow detected in Kroger (KR) with 6,896 calls trading, 3x expected, and implied vol increasing over 2 points to 20.69%. 12/13 weekly 61 calls and 12/13 weekly 62 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on March 6th.
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Read More on KR:
- Albertsons price target lowered to $21 from $22 at RBC Capital
- Albertsons files lawsuit against Kroger claiming willful breach of contract
- Albertsons terminates merger agreement with Kroger
- Kroger price target raised to $62 from $58 at Morgan Stanley
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