Bullish option flow detected in Kraft Heinz (KHC) with 20,084 calls trading, 1.5x expected, and implied vol increasing over 4 points to 28.35%. 8/29 weekly 28 calls and 9/5 weekly 27.5 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on October 29th.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KHC:
- Kraft Heinz break-up announcement may come as soon as next week, WSJ reports
- Kraft Heinz split of grocery and sauce units could come next week, WSJ reports
- Kraft Heinz assumed with a Neutral at JPMorgan
- Kraft Heinz management to meet with Mizuho
- Berkshire Hathaway’s (BRK.B) Stock Falls After Earnings Fail to Impress
