Pepsico (PEP) Offering Possible 21.15% Return Over the Next 29 Calendar Days

This post was originally published on this site

Pepsico’s most recent trend suggests a bullish bias. One trading opportunity on Pepsico is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 21.15% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock dropped below the $147.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Pepsico is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Pepsico is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Pepsico

Restaurant Sales Bouncing Back to Pre-Pandemic Highs: 5 Picks
Tue, 20 Jul 2021 12:15:12 +0000
Restaurant sales are picking up, helping companies like Ruths Hospitality Group, Inc. (RUTH), Papa John’s International, Inc. (PZZA) and The Wendy’s Company (WEN).

10 Best High-Yield Monthly Dividend Stocks to Buy
Mon, 19 Jul 2021 15:37:21 +0000
In this article, we will be looking at the 10 best high-yield monthly dividend stocks to buy. If you want to skip our detailed analysis of dividend investing and these companies, you can go directly to the 5 Best High-Yield Monthly Dividend Stocks to Buy. Dividend stocks are among those stocks that have the potential […]

Fed Has a Sunny View of Inflation While Companies See the Clouds
Sun, 18 Jul 2021 12:30:00 +0000
(Bloomberg) — The Federal Reserve may be downplaying the risk of lingering inflation, but those with arguably the best vantage point — the companies themselves — are taking a less optimistic view of rising prices.Just last week, Conagra Brands Inc. and PepsiCo Inc. signaled that higher input costs will be more than a blip. Instead, they expect everything from raw ingredients to labor to remain substantially more expensive in coming months.“I’m not going to assume it’s going to be transitory,”

10 Best Dividend Stocks to Buy According to Irving Kahn’s Hedge Fund
Fri, 16 Jul 2021 13:53:28 +0000
In this article, we will discuss the 10 best dividend stocks to buy according to Irving Kahn’s hedge fund. If you want to skip our detailed analysis of Kahn’s history, investment philosophy, and hedge fund performance go directly to the 5 Best Dividend Stocks to Buy According to Irving Kahn’s Hedge Fund. Kahn Brothers was […]

PepsiCo Option Traders Position Themselves for Growth
Fri, 16 Jul 2021 13:22:49 +0000
After PepsiCo, Inc. (PEP) reported that it had beaten estimates for its second quarter earnings results, options buyers are taking actions that imply they think the share price will drift higher in the future. This may come as a surprise considering that the PEP share price increased 2.3% the day the report was announced. Prior to the earnings announcement, investors had bid up the share prices, but there were still a sizable amount of put options in the open interest.

Be Sociable, Share!

Related Posts