Bullish option flow detected in PepsiCo (PEP) with 18,280 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 24.20%. 4/4 weekly 155 calls and 4/4 weekly 157.5 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.52. Earnings are expected on April 24th.
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