Coty Inc. Finds Significant Bullish Option Activity As KKR & Co. Bails
September 08, 2021 at 16:59 PM EDT
In case you missed the news, Coty Inc. had KKR & Co. Inc. cash out of 50 million shares of the company’s stock. The result was a price gap lower of around 8%. Some investors saw this as an opportunity to buy blocks of stock and call options.