PepsiCo call volume above normal and directionally bullish
The Fly

PepsiCo call volume above normal and directionally bullish

Bullish option flow detected in PepsiCo with 6,314 calls trading, 1.4x expected, and implied vol increasing over 1 point to 18.09%. 9/6 weekly 180 calls and 9/6 weekly 177.5 puts are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.48. Earnings are expected on October 8th.

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