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PepsiCo call volume above normal and directionally bullish

Bullish option flow detected in PepsiCo with 4,247 calls trading, 1.3x expected, and implied vol increasing over 1 point to 19.67%. 1/6 weekly 185 calls and 1/13 weekly 185 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.48. Earnings are expected on February 9th.

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