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$KR Underpriced Bullish Call Spread has Profit Potential of 48%

KR 55.42-1.89 (-3.3%)Kroger Company

  • ATM straddle for 12-Apr-24 expiration returned a positive 84.1% from the previous business day
  • The upside wing (25 delta calls) declined -87.5%
  • Downside put (25 delta puts) gained 453.3%
  • The option volume for 12-Apr-24 expiration is 2,922
Unusual Option Volume

KR Kroger Company55.31-0.66 (-1.2%)

Kroger Company trades 9,098 contracts.
Unusual Option Volume

KR Kroger Company55.01-0.47 (-0.9%)

Kroger Company trades 6,940 contracts.
Sentiment Alert: KR Increasing bullish pressure with an imbalance in net option delta of 184 K.
$KR Bullish Call Spread is Undervalued at $1.88