PepsiCo Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on PepsiCo.

Looking at options history for PepsiCo PEP we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 44% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $225,790 and 7, calls, for a total amount of $1,034,600.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $155.0 to $165.0 for PepsiCo during the past quarter.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in PepsiCo's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to PepsiCo's substantial trades, within a strike price spectrum from $155.0 to $165.0 over the preceding 30 days.

PepsiCo Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
PEP CALL TRADE BULLISH 06/21/24 $7.65 $7.45 $7.57 $165.00 $529.9K 2.0K 818
PEP CALL TRADE BULLISH 01/17/25 $13.5 $13.45 $13.5 $165.00 $224.1K 1.3K 83
PEP PUT TRADE BEARISH 01/17/25 $7.4 $7.35 $7.4 $165.00 $178.3K 1.2K 548
PEP CALL TRADE BEARISH 05/17/24 $15.1 $14.65 $14.65 $155.00 $146.5K 39 200
PEP CALL TRADE BULLISH 01/17/25 $13.65 $13.55 $13.65 $165.00 $53.2K 1.3K 39

About PepsiCo

PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.

After a thorough review of the options trading surrounding PepsiCo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of PepsiCo

  • Currently trading with a volume of 2,059,554, the PEP's price is down by -0.56%, now at $169.66.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 13 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PepsiCo options trades with real-time alerts from Benzinga Pro.

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Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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