Downside Positioning in Kroger (KR) Continues Amid Competition from Amazon (AMZN) -Susquehanna
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Price: $60.55 +3.52%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +2.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +2.4%
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Susquehanna options strategist Alison Edwards notes downside bearish positioning in Kroger (NYSE: KR), as an opening investor bought 8,000 Apr 22 Puts for $2.65, adding to buyers of Oct 21 & 22p and Jan 21p last week with competition from Amazon (NASDAQ: AMZN).
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