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1,000 Puts Trade in WK Kellog Co (Symbol: KLG)

1,000 Puts Trade in WK Kellog Co (Symbol: KLG)

OptionWatch:

Posted October 17, 2024 at 9:45 am

Jeff Praissman
Interactive Brokers

This morning 1,000 WK Kellog Co (Symbol: KLG) March 21 ’25 15 puts traded for $0.75. From the NBBO at the time of the trade it looks like the investor sold the downside puts which at a 24 delta are the equivalent of 24,000 shares of stock. This was an opening trade since the open interest this morning in the KLG was less than 200 contracts.

KLG is currently trading for $17.37. KLG has a 52-week high of $24.42 and a 52-week low of $9.44.

KLG is currently trading for $17.37. KLG has a 52-week high of $24.42 and a 52-week low of $9.44.

Source: IBKR TWS. Past performance is not indicative of future results

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