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Barchart
Barchart
Mark R. Hake, CFA

Unusual Trading in Kraft Heinz Call Options After CEO Interview - Is KHC Stock a Buy?

KHC Kraft Heinz Kraft United States Steve Cahillane Barchart TTM

Heavy, unusual trading in Kraft Heinz Inc (KHC) call options occurred today after a Reuters interview with the company's new CEO, Steve Cahillane. He outlined his turnaround plan, but so far, KHC stock has faltered since its Q1 earnings release.

KHC is at $23.14 in midday trading on Wednesday, June 3. That's down from a recent peak of $24.47 on May 28, but well up from its trough prices at the end of March and in April, as shown in the Barchart chart below.

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