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Kraft Heinz call volume above normal and directionally bullish

Bullish option flow detected in Kraft Heinz (KHC) with 7,387 calls trading, 1.0x expected, and implied vol increasing over 3 points to 22.80%. 3/28 weekly 29.5 calls and 3/28 weekly 30 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.06. Earnings are expected on April 30th.

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