Sell to Close Kroger Puts for 110% Gain

Sell to close the July 21, 2017 put on Kroger (NYSE: KR) with a strike price of $27.50 at $2.20 or higher for a 110% gain. Symbol (KR170721P27.5)

Kroger reported an inline quarter this morning but lowered numbers for future quarters. Analysts had already lowered estimates coming into the quarter so missing this was a huge disappointment. Grab this triple digit gain!

 

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