Bullish option flow detected in PepsiCo (PEP) with 13,169 calls trading, 1.7x expected, and implied vol increasing over 1 point to 23.01%. Jul-25 135 calls and Jun-25 135 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.19. Earnings are expected on July 17th.
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