Call Buying Activity in Kraft Heinz (KHC) Targets 2.2% Upside in Shares Prior to Earnings on 4/30 -Susquehanna
Susquehanna options strategist Alison Edwards notes call buying activity in Kraft Heinz (NASDAQ: KHC), as an opening investors bought ~7k Apr 29 Calls. The position will breakeven with a ~2.2% upside move by the end of this week, and does not capture earnings expected 4/30.