Bulls buy Proctor & Gamble calls
Staff at optionMONSTER noted bullish trading activity Tuesday on Proctor & Gamble (PG).
optionMONSTER reports ”optionMONSTER’s tracking program detected the purchase of 5,000 October 15 calls for $0.05 at the same time yesterday. This is fresh buying, as open interest in the strike was only 15 contracts before the trades appeared.”
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About Procter & Gamble Company (The)
Since its founding in 1837, Procter & Gamble has become the world's largest consumer product manufacturer. It operates with a lineup of leading brands, including 21 that generate more than $1 billion in annual global sales such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in 2012. Sales beyond its home turf represent around 55% of the firm's consolidated total, with around one third coming from emerging markets.