Option traders moderately bearish in PepsiCo (PEP), with shares down $1.51 near $134.57. Options volume relatively light with 32k contracts traded and puts leading calls for a put/call ratio of 1.11, compared to a typical level near 0.81. Implied volatility (IV30) dropped 0.25 near 26.29, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.23. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: PepsiCo (PEP) will report earnings before the open on 2025-07-17.Option markets are pricing in a 50% probability of a move greater than 3.43% or $4.61.
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:
- SBUX, PEP, BROS: U.S. Tariffs on Brazil Could Push Coffee and Orange Juice Prices Higher
- PepsiCo price target lowered to $145 from $150 at BofA
- PepsiCo price target lowered to $139 from $150 at JPMorgan
- PepsiCo put volume heavy and directionally bearish
- The Hershey Company Stock (HSY) Slips on New CEO Choice