Bullish option flow detected in Kraft Heinz with 11,822 calls trading, 4x expected, and implied vol increasing almost 2 points to 22.18%. Apr-23 42.5 calls and Apr-23 45 calls are the most active options, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on February 15th.
Published first on TheFly
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