While Americans generally have a sweet tooth, investors aren’t necessarily feeling the love for Krispy Kreme (DNUT). Shares of the doughnut retailer and wholesaler have tumbled more than 23% so far this year. Further, while DNUT stock popped about 6.5% on Monday, the big-wig traders seem intent on betting against the underlying enterprise.
That’s the implication behind the latest unusual stock options volume indicator. This data interface allows retail investors to better understand what companies the smart money may be supporting (or betting against). At face value, circumstances appear quite favorable for DNUT stock.
