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PepsiCo call volume above normal and directionally bullish

Bullish option flow detected in PepsiCo with 6,314 calls trading, 1.4x expected, and implied vol increasing over 1 point to 18.09%. 9/6 weekly 180 calls and 9/6 weekly 177.5 puts are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.48. Earnings are expected on October 8th.

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