Whales with a lot of money to spend have taken a noticeably bearish stance on PepsiCo.
Looking at options history for PepsiCo (NASDAQ:PEP) we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $425,199 and 7, calls, for a total amount of $330,911.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $155.0 to $185.0 for PepsiCo over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of PepsiCo stands at 1345.0, with a total volume reaching 17,200.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in PepsiCo, situated within the strike price corridor from $155.0 to $185.0, throughout the last 30 days.
PepsiCo Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PEP | PUT | SWEEP | BEARISH | 11/15/24 | $4.9 | $4.85 | $4.9 | $175.00 | $119.5K | 490267 | |
| PEP | PUT | SWEEP | BULLISH | 11/15/24 | $2.97 | $2.91 | $2.91 | $170.00 | $117.2K | 994720 | |
| PEP | CALL | SWEEP | BEARISH | 11/15/24 | $1.06 | $0.98 | $1.0 | $185.00 | $79.1K | 7051.2K | |
| PEP | CALL | TRADE | BULLISH | 10/18/24 | $4.55 | $4.45 | $4.55 | $172.50 | $71.4K | 0170 | |
| PEP | PUT | SWEEP | BULLISH | 09/19/25 | $5.35 | $5.2 | $5.2 | $155.00 | $68.1K | 217133 |
About PepsiCo
PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the US and overseas. International markets make up 40% of total sales and one third of operating profits.
Where Is PepsiCo Standing Right Now?
- Trading volume stands at 2,295,802, with PEP's price up by 1.01%, positioned at $172.91.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 15 days.
What The Experts Say On PepsiCo
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $185.0.
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