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Bulls stampede into PepsiCo calls
October 2, 2009 Fri 11:39 AM CT

Bullish traders are lapping up options in PepsiCo after Deutsche Bank raised its earnings forecast for the beverage company.

Call volume surged almost 700 percent in the beverage and snack company, while PEP shares surged to levels last recorded during market crash in October. The busiest strike was the November 62.50 calls, which traded 5,724 times against open interest of 1,260...


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