![The Tide Has Turned on Procter & Gamble Co]( "The Tide Has Turned on Procter & Gamble Co")
A recent earnings report has turned up something other than the smell of roses for Procter & Gamble Co (NYSE:PG). But while it’s not the scent of slaughtered bulls in PG stock, conditions do suggest would-be investors look to buy more smartly using a butterfly put spread. Since releasing its Q1 quarterly confessional back in late October, Procter & Gamble shareholders have been less than quick to pick up PG stock. The pressure in PG stock follows a mixed laundry list of items that includes a modest sales miss, even slighter penny profit beat and weaker-than-expected results within its Grooming and Care categories.
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