Unusual Options Activity: Traders bet Kimberly-Clark Corporation (KMB) Will Hit New Record High
Traders are betting Wednesday that Kimberly-Clark Corporation (KMB) will trade up to a new all-time high. So far today, 10,188 contracts of the November 140 call have changed hands, against open interest of just 14 contracts.
Already a member?
Login to see your Unusual Options Activity Trade Idea.
Not yet a member?
You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.
Become A Member
About Kimberly-Clark Corporation
Kimberly-Clark is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.