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Procter & Gamble Unusual Options Activity For August 02

Benzinga ·  Aug 2 11:15

Whales with a lot of money to spend have taken a noticeably bearish stance onProcter & Gamble.

Looking at options history for Procter & Gamble (NYSE:PG) we detected 17 trades.

If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $379,536 and 8, calls, for a total amount of $888,945.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $145.0 to $170.0 for...

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