Bearish flow noted in Kroger with 2,152 puts trading, or 1.6x expected. Most active are 1/27 weekly 44 puts and Jul-23 55 calls, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 1.60, while ATM IV is up over 1 point on the day. Earnings are expected on March 2nd.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on KR:
- Kroger’s Board of Directors Declares Quarterly Dividend
- West Virginia reaches $83M opioid settlement with Walgreens, AP reports
- Kroger upgraded to Equal Weight from Underweight at Morgan Stanley
- Kroger price target lowered to $42 from $47 at Wells Fargo
- Albertsons price target lowered to $22 from $30 at Wells Fargo