PepsiCo, Inc. PEP – Options Recap:
We had a quick-strike idea based off of PEP earnings in yesterday morning’s premarket report. It was basically the only game in town on the earnings front, as we continue to trudge along through an extremely dry period. As we’ve mentioned in previous newsletters recently, this earnings drought will persist until the week of the 18th.
Our sole set of earnings play targets were the PEP Weekly $149-152.50 Calls, and those produced some very respectable intraday gain opportunities on the day for ourselves and our readers. Multibag runs were recorded by all three contract sets.
PEP Weekly $149-152.50 Calls
$149: 1.84-3.51 (+91%)
$150: 1.19-2.73 (+129%)
$152.50: .28-1.04 (+271%)
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Fresh Options Ideas:
SPY 10/08 $430-431 Calls
VizConnect, Inc. VIZC – Recap:
We’re also going to take a minute to relay the move made by VIZC, a subpenny stock that we flagged a couple of times last month beginning on the morning of the 10th.
The stock traded for as little as .0031 subsequent to our alert. During yesterday’s session it recorded a new high of .0072. That works out to an increase of 132% over our observed low.
Extended Watchlist:
NSPX, ALPP, TGGI, ISWH, CBTC, SPZI, VYGR, PLTR, ACER