Near-Term Call Buying Activity in Procter & Gamble (PG) Targets 'Upside Bias' in Shares Ahead on Earnings Tomorrow -Susquehanna

Susquehanna options strategist Alison Edwards notes call buying activity in Procter & Gamble (NYSE: PG), as an investor bought 4k of next week’s Jan31 127 Calls for up to $1.49, implying an upside bias ahead of next Friday’s expiration (1/31/20). PG reports tomorrow, while other key peers in staples industry report next week.

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