Bulls Flock to Procter & Gamble Stock After Upbeat Results

Core Insights - Procter & Gamble Co (NYSE:PG) reported better-than-expected fiscal first-quarter earnings and revenue, leading to a 0.8% increase in stock price to $152.39, driven by strong demand for beauty products despite higher prices and economic uncertainty [1] - The company anticipates a reduced tariff impact in the upcoming year, which may positively influence future performance [1] Stock Performance - PG is on track for its sixth gain in the last seven sessions and has experienced a bounce from a 52-week low of $146.97 on October 13, currently trading above the descending 80-day moving average, although it still shows a nearly 9% deficit for 2025 [2] Options Activity - Options traders are exhibiting increased optimism, as indicated by a 50-day call/put ratio of 2.49, ranking in the 74th percentile of its annual range, and a Schaeffer's put/call open interest ratio of 0.40, which is in the 2nd percentile of annual readings [3] - Today's options activity shows 22,000 calls and 11,000 puts traded, which is five times the typical volume, with the most popular contract being the expiring weekly 10/24 160-strike call, suggesting expectations of further upside for PG by the day's close [4]