Investors with significant funds have taken a bullish position in Kraft Heinz KHC, a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in KHC usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 8 options transactions for Kraft Heinz. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 62% being bullish and 37% bearish. Of all the options we discovered, 7 are puts, valued at $374,135, and there was a single call, worth $37,179.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $31.0 to $35.0 for Kraft Heinz over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Kraft Heinz's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Kraft Heinz's whale activity within a strike price range from $31.0 to $35.0 in the last 30 days.
Kraft Heinz Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KHC | PUT | SWEEP | BEARISH | 07/18/25 | $4.95 | $4.85 | $4.95 | $35.00 | $101.4K | 550 | 206 |
| KHC | PUT | TRADE | BULLISH | 06/20/25 | $5.1 | $5.0 | $5.0 | $35.00 | $50.0K | 4.4K | 500 |
| KHC | PUT | TRADE | BULLISH | 06/20/25 | $5.05 | $4.9 | $4.96 | $35.00 | $49.6K | 4.4K | 400 |
| KHC | PUT | TRADE | BULLISH | 06/20/25 | $5.05 | $4.9 | $4.95 | $35.00 | $49.5K | 4.4K | 300 |
| KHC | PUT | TRADE | BULLISH | 06/20/25 | $5.05 | $4.9 | $4.95 | $35.00 | $49.5K | 4.4K | 200 |
About Kraft Heinz
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Having examined the options trading patterns of Kraft Heinz, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Kraft Heinz Standing Right Now?
- With a trading volume of 3,467,480, the price of KHC is up by 0.44%, reaching $30.68.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 47 days from now.
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Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Kraft Heinz with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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