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