Coca-Cola (NYSE: KO) is recently up $2.21 to $58.06. Deutsche Bank upgraded KO to Buy from Hold. KO is scheduled to report Q2 EPS in mid-July.
KO call option volume of 32,850 contracts compares to put volume of 6,318 contracts. KO July option implied volatility of 20 is below its 26-week average of 22 according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.


