Options Activity in Darden Restaurants (DRI) Targets Limited Downside Below $65/Sh Through August -Susquehanna
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Price: $212.00 -0.68%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +13.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +13.0%
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Susquehanna options strategist Alison Edwards highlights options activity in Darden Restaurants (NYSE: DRI) as an investor sold 5k Aug 65 Puts at $4.20, opening. The investor appears to think downside below $65 is limited and is willing to buy 500k shares if it does make that move.
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