Find out what whales do with PEP
Someone with a lot of money to spend has taken a bullish stance on PepsiCo PEP.
And retailers should know.
We noticed this today when the big position appeared on the history of publicly available options that we track here at Benzinga.
Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with PEP, it often means someone knows something is going to happen.
So how do we know what this whale just did?
Benzinga's options scanner today spotted 10 unusual options trades for PepsiCo.
This is not normal.
The general sentiment of these big traders is split between 60% bullish and 40% bearish.
Of all the special options we discovered, 3 are puts, totaling $91,401, and 7 are calls, totaling $218,206 .
What is the target price?Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $125.0 to $240.0 for PepsiCo over the past Last 3 months.
Development of volume and open interestReviewing volume and open interest is an insightful way to perform due diligence on a stock.
This data can help you track the liquidity and interest of PepsiCo options for a given strike price.
Below we can see the trend in call and put volume and open interest, respectively, for all of PepsiCo's whale business in a strike price range of $125.0 to $240.0 over the past 30 days.
PepsiCo Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume DYNAMISM CALL SWEEP BULLISH 01/20/23 $165.00 $43,100 758 41 DYNAMISM PUT SWEEP BULLISH 01/19/24 $150.00 $39,000 87 124 DYNAMISM CALL TRADE NEUTRAL 09/23/22 $170.00 $32,200 38 50 DYNAMISM CALL TRADE BULLISH 04/21/23 $170.00 $30.3,000 11 21 DYNAMISM CALL SWEEP BULLISH 01/20/23 $175.00 $29,600 2.0K 70
Someone with a lot of money to spend has taken a bullish stance on PepsiCo PEP.
And retailers should know.
We noticed this today when the big position appeared on the history of publicly available options that we track here at Benzinga.
Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with PEP, it often means someone knows something is going to happen.
So how do we know what this whale just did?
Benzinga's options scanner today spotted 10 unusual options trades for PepsiCo.
This is not normal.
The general sentiment of these big traders is split between 60% bullish and 40% bearish.
Of all the special options we discovered, 3 are puts, totaling $91,401, and 7 are calls, totaling $218,206 .
What is the target price?Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $125.0 to $240.0 for PepsiCo over the past Last 3 months.
Development of volume and open interestReviewing volume and open interest is an insightful way to perform due diligence on a stock.
This data can help you track the liquidity and interest of PepsiCo options for a given strike price.
Below we can see the trend in call and put volume and open interest, respectively, for all of PepsiCo's whale business in a strike price range of $125.0 to $240.0 over the past 30 days.
PepsiCo Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume DYNAMISM CALL SWEEP BULLISH 01/20/23 $165.00 $43,100 758 41 DYNAMISM PUT SWEEP BULLISH 01/19/24 $150.00 $39,000 87 124 DYNAMISM CALL TRADE NEUTRAL 09/23/22 $170.00 $32,200 38 50 DYNAMISM CALL TRADE BULLISH 04/21/23 $170.00 $30.3,000 11 21 DYNAMISM CALL SWEEP BULLISH 01/20/23 $175.00 $29,600 2.0K 70What's Your Reaction?
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