
Unusual volume in at-the-money call options of The Kraft Heinz Company (KHC) today shows investors may be nervous ahead of its upcoming earnings. Will the company's free cash flow and FCF margins rise after the CEO turned down a split?
KHC is at $22.11 in midday trading today, off its recent peak of $23.57 on April 6. But KHC is still up from a low of $21.21 on March 23. However, it could be worth significantly more if its free cash flow (FCF) remains strong.