The last two updates I suggested to buy Pepsi calls if the stocks trades under $166.00. It did so both days. Today it closed $167.80.
The options on this stock have reasonable premiums, so you are working with a nice gain already. I think it goes higher, but of course manage it. My exit parameters are I will take my profits into strength and do not want to see if revisit under $166 again.
Thanks,
Joe
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