Moderately bullish activity in PepsiCo (PEP), with shares up 32c, or 0.23%, near $144.22. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 1.06. Implied volatility (IV30) is higher by 0.3 points near 18.99,and below the 52wk median, suggesting an expected daily move of $1.73. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PEP:
- PepsiCo Issues €1 Billion in Senior Notes
- PepsiCo Announces $3.5 Billion Senior Notes Offering
- Option traders moderately bearish in PepsiCo with shares down 0.44%
- Crypto Currents: Banks tokenize money market funds and XRP surges
- Coca-Cola (KO) Confirms New Cane Sugar Drink in U.S. after Trump’s Push