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Shares of ConAgra Foods
CAG are lower on the session by 0.08%, currently trading at $23.64. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average.
Options traders are focusing on calls today. A short while ago the October 2011 $23.00 call traded 950 times on open interest of 324 contracts. The Oct2011 $25.00 call also traded 1,800 times on open interest of 423 contracts.
It is unclear whether these lots were linked.
ConAgra Foods, Inc. is a food company. The company operates in two segments: Consumer Foods and Commercial Foods. The company's brands include Banquet, Chef Boyardee, David Seeds, Egg Beaters, Healthy Choice, Hebrew National, Pam and Snack Pack.
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