Pepsico's most recent trend suggests a bullish bias. One trading opportunity on Pepsico is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 8.23% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $9.24 would be incurred if the stock dropped below the $120.00 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 at 67.61 level which suggests that the stock is neither overbought nor oversold at this time.
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
PepsiCo (PEP) Gains But Lags Market: What You Should Know
Thu, 16 Apr 2020 21:45:09 +0000
PepsiCo (PEP) closed at $135.64 in the latest trading session, marking a +0.45% move from the prior day.
PepsiCo to Hold Virtual Annual Meeting of Shareholders for 2020 Due to Coronavirus Precautions
Thu, 16 Apr 2020 20:15:00 +0000
PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") announced today that due to continued public health precautions regarding in-person gatherings given the coronavirus (COVID-19) pandemic and to support the health and well-being of PepsiCo's shareholders, employees and communities, the format of the 2020 Annual Meeting of Shareholders has been changed to a virtual-only meeting, instead of an in-person meeting. As previously announced, the Annual Meeting will be held on Wednesday, May 6, 2020, at 9:00 am Eastern Daylight Time. Shareholders will not be able to attend the Annual Meeting physically in person. The virtual meeting and live audio webcast can be accessed at www.virtualshareholdermeeting.com/PEP2020.
NFL: No Coca-Cola products allowed during virtual draft
Wed, 15 Apr 2020 19:09:27 +0000
The NFL Draft will be held virtually next week and draftees will have to be mindful about what brands they promote during their celebrations after they’re chosen. The Action Network reports that prospects will receive a welcome kit from league partners that includes PepsiCo. This goes for all products that are visible on the feed that aren’t sponsored by the NFL as the league looks to protect its current partnership deals.
PepsiCo Stock Falls 3%
Wed, 15 Apr 2020 11:04:00 +0000
Investing.com – PepsiCo (NASDAQ:PEP) Stock fell by 3.02% to trade at $134.33 by 11:02 (15:02 GMT) on Wednesday on the NASDAQ exchange.
Emoni Bates Named 2019-20 Gatorade® National Boys Basketball Player Of The Year
Tue, 14 Apr 2020 14:21:00 +0000
In its 35th year of honoring the nation's most elite high school athletes, The Gatorade Company today announced Emoni Bates of Lincoln High School in Ypsilanti, Mich. is the 2019-20 Gatorade National Boys Basketball Player of the Year – the first sophomore to win the award. Bates won the prestigious award for his accomplishments on and off the court, joining an impressive group of former Gatorade National Boys Basketball Player of the Year winners who have combined for five NBA MVPs awards, 69 All-Star appearances and 26 became NBA first round draft picks.
Related Posts
Also on Market Tamer…
Follow Us on Facebook