What Is The Options Market Saying About the Albertsons/Kroger Deal?

Markets, Options

A big deal in the grocery store space was announced last week with the potential acquisition of Albertsons (ACI) by Kroger (KR). The merger would create a grocery chain with roughly 12% control of the US market. It’s difficult to say if the deal will make it through antitrust scrutiny. Interestingly, short-term block options trades in ACI are making mostly bullish bets but with clear disagreement on the upside potential of in the near future. 

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