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Downside Puts Trade in Dollar General as Stock Falls 15%

OptionWatch:

Downside Puts Trade in Dollar General as Stock Falls 15%

Posted June 1, 2023
Jeff Praissman
Interactive Brokers

This morning 1,300 July 21 ’23 160 puts traded in Dollar General Corporation (Symbol: DG). Earnings were announced this morning and missed estimates by $0.05 causing the stock to fall 15%. The DG July 21 ’23 160 puts are a 28 delta and are the trade is the equivalent of 36,400 shares of stock.

DG has a 52-week high of $260.94 and a 52-week low of $165.72 which was reached today, DG is currently trading at $167.30.

DG has a 52-week high of $260.94 and a 52-week low of $165.72 which was reached today, DG is currently trading at $167.30.

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