Calls Purchased on Kimberly Clark (KMB)

Shares of Kimberly Clark Corp. KMB are higher on the session by 0.43%, currently trading at $66.46. The stock has been moving largely higher over the past six months, accelerating its rise as of late. The stock is nearing its 52-wek high of $67.03. Options traders are betting that KMB can break to new highs over the next few months. The October $67.50 call was purchased 2,000 times on open interest of 2,126 contracts and the January 2011 $70.00 call was purchased 1,000 times on open interest of 10,801 contracts. Call volume is now running at 2.73x the daily average. Kimberly-Clark Corporation is a global health and hygiene company focused on product innovation and building its personal care, consumer tissue, K-C Professional and Other and health care brands. The company is principally engaged in the manufacturing and marketing of a range of health and hygiene products worldwide. For more great research like this, as well as how to play it through options…please visit Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.