Bullish option flow detected in PepsiCo with 6,977 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 17.67%. 12/30 weekly 185 calls and 12/23 weekly 185 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.62. Earnings are expected on February 9th.
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Published first on TheFly
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