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How puts are hedging Mondelez

Mondelez Int’l (MDLZ) Stock Gains on Lower Wheat, Corn Prices TheStreet q 17 hrs ago Mondelez Invests $30 Million in Poland to Cater to Europe Zacks 18 hrs ago

Mondelez has rebounded from recent lows, and traders appear to be protecting those gains.

More than 4,800 October 39 puts were bought for $0.40 to $0.43 yesterday, according to optionMONSTER's Depth Charge tracking program. This represents new positions...