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Kraft Heinz call volume above normal and directionally bullish

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.

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