Bullish option flow detected in ConAgra with 6,139 calls trading, 3x expected, and implied vol increasing over 1 point to 21.94%. May-24 31 calls and 4/5 weekly 31.5 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.22. Earnings are expected on April 4th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAG:
- Food stocks looking super cheap, could rally, Barron’s says
- Conagra Brands Enters Into a Definitive Agreement to Divest its 51.8% Ownership Stake in Agro Tech Foods Limited
- Conagra Brands to divest its 51.8% stake in Agro Tech Foods
- Early notable gainers among liquid option names on February 20th
- GLP-1 users’ grocery spending declines 6%-9% after starting, says Morgan Stanley