Mike Khouw's Kimberly-Clark Corporation (KMB) Trade

Mike Khouw said on CNBC's Fast Money that there was a bigger than usual trading volume in Kimberly-Clark's KMB August 65 call options today. He explained that traders are buying these options because they are cheap. You can buy the August 65 call for $0.30. Historically, Kimberly-Clark (KMB) had some big moves after the earnings. Two times in the last four quarters it moved over 6% up, and in the last eight quarters it fell 7% once. Kimberly-Clark Corporation (KMB) is emerging market play, and Tim Seymour said that he likes this stock and its story. Kimberly-Clark (KMB) fell 1.72% today, and closed at $62.36.
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Posted In: CNBCLong IdeasFast MoneyOptionsMediaTrading IdeasConsumer StaplesHousehold ProductsMike KhouwTim Seymour
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