Constellation Brands Stock Pops on Profit, Revenue Beat

Group 1 - Constellation Brands Inc shares increased by 4.2% to $146.41 after surpassing profit and revenue estimates for the fiscal third quarter, driven by stable demand for its Corona and Modelo Especial beer brands [1] - The stock has risen 15% since reaching a five-year low of $126.45 on November 10, and has recently achieved its highest level since December, supported by the 40-day moving average [2] - Despite the recent positive trading sessions, the shares still reflect a year-over-year decline of 33.7% [2] Group 2 - Options traders have shown increased bearish sentiment, as indicated by the equity's 50-day put/call volume ratio being higher than 74% of annual readings [3] - There has been a notable shift in sentiment, with 15,000 calls and 9,909 puts traded, which is four times the average intraday volume, indicating a potential unwinding of pessimism [4] - The most actively traded contract is the weekly 1/9 160-strike call, with new positions being established [4]