Unusual Options Activity: Traders Bet The Kroger Co. (KR) Will Hold its Recent Gains

Last Updated: Thursday, September 19, 2019 1:45 PM | Michael Fowlkes

Unusual Options Activity

Traders are betting Thursday that The Kroger Co. (KR) will hold its recent gains since bouncing off its July 52-week low. KR is up 24% after hitting its 52-week low in July to $25.78, and traders expect the stock to hold its recent gains. So far today, 8,906 contracts of the October 4 weekly 26 call have changed hands, against open interest of just 121 contracts.

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