Call Buying Activity in PepsiCo (PEP) Targets 10% Upside in Shares by June -Susquehanna
Susquehanna options strategist Alison Edwards notes call buying activity in PepsiCo (NYSE: PEP), as an opening investor in PepsiCo bought ~6,000 Jun 120 Calls. The investor breaks even on the event of a 10% pop in the underlying through mid-June, which contains exposure to earnings in late April 26th.
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