PepsiCo Stock (PEP)

I am starting to add to a very small $PEP position at $129.64. The recent decline may have discounted the weak quarterly EPS report that we have expected. Position: Long PEP (S)

Here are today’s things: * I covered the balance of my short indices: $SPY $760 $QQQ $717.65 * I added to $MSOS common at $4.81 and calls, and to Trulieve ($TRLV) at $10.85 and Green Thumb (GTBIF) at $7.29. * I added small to $PEP at $130.09. * I added to $GRNY short at $27.71 Position: …

If PepsiCo’s ($PEP) shares fall off a weaker-than-expected Q3 EPS release (our expectation based upon our research previously mentioned), I plan to go large. Position: Long PEP (VS)

I covered some $JOET at $44.97 and $GRNY at $27.32. I’m also adding to $MSOS long and bidding for consumer staples (under the market) — $PEP, $PG, $KMB. Position: Long MSOS common (VL) and calls (S), PEP (S), PG (S), KMB (S); Short JOET (VS), GRNY (VS).

I would normally have repurchased $PEP on the move below $140, but our research now suggests that Q3 2026 has been challenging. Position: Long PEP (VS)