Options Activity Signals Potential Takeovers of Walgreens and Hershey

Reported about 7 hours ago

Recent reports suggest that Walgreens Boots Alliance and The Hershey Co. are becoming takeover targets, with Sycamore Partners in discussions to take Walgreens private and Mondelez International eyeing Hershey. Notably, unusual options activity preceding these reports indicated heightened interest in both stocks, as evidenced by persistent call buying and increased implied volatility, suggesting that options traders may have anticipated these developments.

Source: YAHOO

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