Bullish option flow detected in PepsiCo (PEP) with 21,888 calls trading, 1.6x expected, and implied vol increasing over 1 point to 21.69%. 3/28 weekly 152.5 calls and 3/28 weekly 148 puts are the most active options, with total volume in those strikes near 15,600 contracts. The Put/Call Ratio is 0.31. Earnings are expected on April 24th.
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