Paper bought KHC January 2017 95 calls through the system and via crosses all day up to a price of .75.? for a total of 21,600 trading on the day.
Kraft Heinz Co., trading 76.73 with an IV30 of 19.33 and an HV10 of 11.69, had a large upside call buyer in January of 2017.? The stock, with an ADV of 5,000 and OI of 167,000 contracts, saw a customer buy the January 2017 95 calls through the system and via crosses all day up to a price of .75.? The largest blocks being 15,000 for .75 and another 4,182 for .75 that traded on the PHLX.? A total of 21600 have traded on the day.
The customer clearly thinks that over the next 9 months things are looking rosy… or in this case Ketchupy for the maker of Kraft Cheese and Macaroni and Heinz 57.? If the stock breaks 95.00 the customer is in line to do extremely well.
This trade should be considered bullish the underlying and bullish volatility.