10/2/24 PepsiCo

In this meeting, we learned about holding long and short positions in a call option. We went over some recent macroeconomic developments in light of increasing MidEast tensions and dove into PepsiCo’s industry dynamics. Looking at expectations and relevant context, we feel that PepsiCo will have a favorable Q3 earnings report. We are bullish on PepsiCo, Inc. and are buying OTM Calls. We will exit our position after their earnings call on 10/8.

Access the slide deck here: 10/2/24 PepsiCo