PepsiCo, Inc.
Long
Updated

PEP PepsiCo Options Ahead of Earnings

675
If you haven`t bought the dip on PEP:
PEP PepsiCo  Options Ahead Of Earnings


Now analyzing the options chain and the chart patterns of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.81.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
PEP traded at $172.62 after earnings, and the Calls went up from $2.81 (when I wrote this article) to $3.80 today, for about 35% gain!

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