Options Brief: Kellogg Company (K)

Shares of Kellogg Company

are higher on the session by 3.23%, trading at $51.98. Overall put volume is now running at 3.57x the daily average, with 10% of all puts traded being purchases on the offer. 2,688 contracts have traded on the session so far. Kellogg Company is engaged in the manufacturing and marketing of ready-to-eat cereal and convenience foods. The company's principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods.