Bears Grab a Spoon-Full of Campbell’s

Shares of Campbell Soup Company CPB are falling today by 1.78% to $35.36 and attracting bearish put volume along the way. The June $37.50 put was purchased 1,000 times, as well as the May $37.50 put, which traded 1,000 times. Put volume in Campbell Soup Company is now running at 12.35x the daily average with 77% of all puts traded being purchased on the offer. Campbell Soup Co. is currently trading right on top of the 50-day moving average; a break lower could send the stock down to $32.50 fairly quickly.