Kraft Heinz Slips to 364th in Trading Volume Ranking as Bearish Options Surge Ahead of Earnings

On April 10, 2025, The recorded a trading volume of $336 million, marking a 36.85% decrease from the previous day. This placed The at the 364th position in terms of trading volume for the day. Kraft Heinz (KHC) experienced a decline of 0.89%.

Kraft Heinz has recently seen a surge in bearish options activity, with a total of 7,573 puts traded, nearly double the typical volume. This heightened interest in bearish positions is evident in the significant trading of the May 25th $27.5 puts and the April 11th weekly $27.5 puts, which combined for approximately 5,200 contracts. The Put/Call Ratio for Kraft Heinz stands at 2.99, indicating a stronger preference for puts over calls among traders. Additionally, the at-the-money implied volatility (IV) has risen by more than one percentage point today. This increase in activity and volatility comes as the company approaches its scheduled earnings announcement on April 29th.

Kraft Heinz has been a significant holding for Warren Buffett's Berkshire Hathaway, which recently held 325.6 million KHC shares, comprising 3.5% of its portfolio. This investment highlights the value and yield that Kraft Heinz offers, making it a hard-to-beat option in terms of dividends.