Options Update: PepsiCo volatility flat into EPS and Gatorade outlook

Posted Sep 29th 2009 8:00AM by Paul Foster
Filed under: PepsiCo (PEP), JPMorgan Chase (JPM), Options

PepsiCo (NYSE: PEP) closed at $59.03. PEP is scheduled to report Q3 EPS on October 8. PEP expects to close on the acquisition of Pepsi Americas (NYSE: PAS) and Pepsi Bottling Group (NYSE: PBG) in early 2010. PEP October and January option implied volatility of 24 is near its 26-week average of 26, according to Track Data, suggesting non-directional price movement.

JP Morgan (NYSE: JPM) closed at $44.81. JPM is expected to report Q3 EPS on October 14. JPM October option implied volatility is at 44, November is at 40; below its 26-week average of 53, according to Track Data, suggesting decreasing price movement. Paul Foster

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: option implied volatility, OptionImpliedVolatility, Pepsi Americas, Pepsi Bottling Group, PepsiAmericas, PepsiBottlingGroup