PepsiCo, Inc. (PEP)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 12:40 UTC · Figures derived from the full chain (1,120 contracts, 14 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±5.4% (range 123.92–138.18) by Nov 20, 2026. ATM straddle: 7.12 @ strike 130 · ATM IV: 21.3%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 117.95 | -10% | 94.9% | 5.1% |
| 124.50 | -5% | 78.2% | 21.8% |
| 131.05 | +0% | 48.7% | 51.3% |
| 137.60 | +5% | 21.1% | 78.9% |
| 144.16 | +10% | 6.2% | 93.8% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±2.4% | 21.3% | 18.1K |
| Oct 30, 2026 | 11 | ±3.7% | 23.3% | 11.0K |
| Nov 06, 2026 | 18 | ±4.3% | 21.9% | 3,965 |
| Nov 13, 2026 | 25 | ±4.8% | 21.2% | 5,987 |
| Nov 20, 2026 | 32 | ±5.4% | 21.3% | 34.9K |
| Nov 27, 2026 | 39 | ±5.5% | 20.2% | 1,824 |
| Dec 18, 2026 | 60 | ±7.2% | 20.9% | 56.8K |
| Jan 15, 2027 | 88 | ±8.6% | 21.3% | 72.0K |
| Mar 19, 2027 | 151 | ±12.3% | 23.4% | 26.8K |
| Apr 16, 2027 | 179 | ±12.9% | 23.0% | 2,524 |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 140 C · 26.3K135 C · 9,650125 P · 8,867130 C · 6,373150 C · 5,504
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 26.9% of the time.
Past earnings reactions
Avg |reaction| 3.2% · median 2.8% (21 reports). Two-session close-to-close window; definition
About PepsiCo, Inc.
PepsiCo, Inc. is a global enterprise that creates, promotes, and supplies a diverse array of drinks and easy-to-prepare food items across the globe. Its operations are structured into seven primary divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa/Middle East/South Asia, and the Asia Pacific, Australia, New Zealand, and China Region. The company's extensive product catalog encompasses popular snack foods like various dips, cheese snacks, spreads, and a range of chips (including corn, potato, and tortilla varieties). Its pantry staples feature cereals, rice, pasta, baking mixes, beverage syrups, granola bars, grits, oatmeal, rice cakes, and ready-made side dishes. In the beverage sector, PepsiCo offers concentrated syrups, fountain beverages, pre-packaged drinks, ready-to-consume teas, coffees, fruit juices, dairy-based items, and home carbonation systems with associated goods. PepsiCo reaches its broad clientele, which includes wholesale partners, food service providers, various retail outlets like supermarkets, pharmacies, convenience shops, discount stores, large-format retailers, membership-based stores
Consumer Defensive · Beverages - Non-Alcoholic · NASDAQ · Profile: Financial Modeling Prep
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