Kroger Unusual Options Activity For September 13
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Kroger (NYSE:KR) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The whales have been targeting a price range from $40.0 to $50.0 for Kroger over the last 3 months. Telsey Advisory Group has downgraded its action to Outperform with a price target of $55.
September 13, 2023 | 6:16 pm
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Unusual options activity indicates a significant bearish stance on Kroger. The sentiment among big-money traders is split, with 60% bearish. Telsey Advisory Group has downgraded its action to Outperform with a price target of $55.
The unusual options activity and the bearish sentiment among big-money traders indicate a potential downward movement in Kroger's stock price. The downgrade by Telsey Advisory Group could also negatively impact the stock price.
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IMPORTANCE 80
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