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KDP Base Breakout with Call Buyers

KDP Base Breakout with Call Buyers

by | Jul 16, 2021 | Open Interest Alerts

Keurig Dr. Pepper (KDP) triggered its base breakout as a name recently written in-depth from the options activity. KDP has seen buyers of 4800 August $37 calls, 8650 October $36 calls, and has size July $36 and $37 call open interest set to expire today. KDP broke strong out of the base and back above 34 and 55 day moving averages with RSI surging and Accumulation/Distribution strong to new highs.