Deep-pocketed investors have adopted a bullish approach towards PepsiCo (NASDAQ:PEP), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PEP usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga’s options scanner highlighted 9 extraordinary options activities for PepsiCo. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 44% leaning bullish and 44% bearish. Among these notable options, 4 are puts, totaling $193,099, and 5 are calls, amounting to $911,351.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $157.5 for PepsiCo over the recent three months.
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Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in PepsiCo’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to PepsiCo’s substantial trades, within a strike price spectrum from $100.0 to $157.5 over the preceding 30 days.
PepsiCo Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PEP | CALL | TRADE | BEARISH | 02/20/26 | $2.65 | $2.41 | $2.45 | $150.00 | $490.0K | 18.7K | 2.0K |
| PEP | CALL | SWEEP | BEARISH | 02/20/26 | $0.8 | $0.79 | $0.79 | $157.50 | $141.3K | 44 | 1.7K |
| PEP | CALL | SWEEP | BULLISH | 02/20/26 | $0.77 | $0.76 | $0.77 | $157.50 | $120.4K | 44 | 3.3K |
| PEP | CALL | SWEEP | BEARISH | 02/20/26 | $0.84 | $0.75 | $0.75 | $157.50 | $84.3K | 44 | 3.5K |
| PEP | CALL | SWEEP | BULLISH | 01/15/27 | $47.05 | $47.05 | $47.05 | $100.00 | $75.2K | 191 | 16 |
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 58% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the US, but uses bottlers overseas for beverages. International markets made up 40% of both total sales and operating profits in 2024.
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Following our analysis of the options activities associated with PepsiCo, we pivot to a closer look at the company’s own performance.
PepsiCo’s Current Market Status
- With a volume of 1,225,894, the price of PEP is down -0.41% at $146.14.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 12 days.
Professional Analyst Ratings for 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 $170.0.
- Consistent in their evaluation, an analyst from UBS keeps a Buy rating on PepsiCo with a target price of $170.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.
