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Kraft Heinz call volume above normal and directionally bullish

Kraft Heinz call volume above normal and directionally bullish

Bullish option flow detected in Kraft Heinz (KHC) with 21,369 calls trading, 3x expected, and implied vol increasing almost 2 points to 27.34%. 3/7 weekly 31.5 calls and 3/7 weekly 32 calls are the most active options, with total volume in those strikes near 20,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on April 30th.

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