Pepsico (PEP) is up 82 cents to $49.93 and options volume is running 4X the usual. Most of the activity is in October 50 puts after an investor sold 30K contracts for $4.20.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.