From Nasdaq: 2024-05-15 14:48:16

Benzinga’s options scanner identified over 8 option transactions on Coca-Cola (NYSE: KO), totaling $1,125,070. Significant trades show bullish sentiment and targeted strike prices between $62.5 to $70.00 over the past quarter. Average open interest stands at 7064.75, with a total volume of 24,022.00 options traded.

Coca-Cola, founded in 1886, is a global beverage leader with 200 brands in key categories. Trading at $63.17, experts predict a target price of $68.8 to $72.00. Market experts from JP Morgan, Evercore ISI Group, UBS, and Barclays maintain ratings and price targets for Coca-Cola. Earnings announcement expected in 70 days.

Trading options carries risks and rewards. Stay informed with Benzinga Pro for real-time alerts on Coca-Cola’s options trades.

Read more at Nasdaq MarketSite: This Is What Whales Are Betting On Coca-Cola