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Call buyers pour it on in Kraft Heinz as shares trade higher

Call buyers pour it on in Kraft Heinz (KHC) as shares trade higher. Stock up 38c, or 1.44%, this morning near $26.68 with 50k contracts on the tape and calls leading puts 5:1. Short-term May 30th 27 strike calls make up nearly half the flow, trading from 8 to 11c in number of sweeps near 11:17am ET as shares traded $26.70. Cboe open/close data confirms the buyer to be customer, opening a new position that is currently 1.3% out of the money, expiring in 4 days. Trades ex-div 30c on Friday as well.

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