Loading...
Loading...
On CNBC's Options Action, Mike Khouw said that call options trading volume in PepsiCo, Inc. PEP on Monday was more than 4 times higher than its average daily call options volume.
He explained that traders were buying the July 125 calls for $0.30. The trade breaks even at $125.30 or 10.29 percent above the current market price. He added that options are cheap in PepsiCo because it has a very low implied volatility.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in