Bullish option flow detected in Kraft Heinz with 11,695 calls trading, 1.3x expected, and implied vol increasing over 1 point to 17.06%. 9/29 weekly 35 calls and Nov-23 35 calls are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 1st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on KHC:
- ‘Be Greedy When Others Are Fearful’: Here Are 2 Underperforming Stocks Warren Buffett May Consider Doubling Down On
- TD Cowen starts packaged foods sector with cautious outlook
- Kraft Heinz initiated with a Market Perform at TD Cowen
- Kraft Heinz (NASDAQ:KHC) Introduces New Microwave Platform
- Kraft Heinz announces launch of FUNdamental Textbooks