Bullish option flow detected in Kraft Heinz with 6,914 calls trading, 1.1x expected, and implied vol increasing over 1 point to 20.29%. Apr-23 42.5 calls and 12/30 weekly 40 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.25. Earnings are expected on February 15th.
Published first on TheFly
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