PEP
PepsiCo Inc.Prices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 140 |
| Put Wall | 135 |
| GEX Flip | 139 |
| Vol Trigger | 139 |
| Net GEX | -$31.3M |
Cached snapshot as of 2026-09-16 06:05 UTC, live streaming data in the terminal.
PEP DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near PEP's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the PEP option chain, not the whole book: the 30 strikes nearest spot out of 59 seen, 1,050 contract rows spanning 16 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 120 | -$1.3M | $564.2K | -$1.8M | |
| 123 | -$313 | $0 | -$313 | |
| 124 | -$625 | $0 | -$625 | |
| 125 | -$3.4M | $137.0K | -$3.5M | |
| 126 | -$53.4K | $0 | -$53.4K | |
| 127 | -$5.3K | $0 | -$5.3K | |
| 128 | -$81.6K | $0 | -$81.6K | |
| 129 | -$63.1K | $0 | -$63.1K | |
| 130 | -$10.1M | $884.4K | -$10.9M | |
| 131 | -$515.7K | $15.0K | -$530.7K | |
| 132 | -$1.8M | $0 | -$1.8M | |
| 133 | -$2.0M | $28.0K | -$2.0M | |
| 134 | -$3.2M | $151.3K | -$3.3M | |
| 135PUT WALL | -$20.7M | $3.6M | -$24.2M | |
| 136SPOT | -$2.6M | $629.7K | -$3.2M | |
| 137 | -$1.2M | $646.5K | -$1.8M | |
| 138 | -$62.9K | $1.3M | -$1.3M | |
| 139GEX FLIP | $1.7M | $2.8M | -$1.1M | |
| 140CALL WALL | $843.7K | $8.8M | -$8.0M | |
| 141 | $525.4K | $525.4K | $0 | |
| 142 | $478.9K | $516.4K | -$37.5K | |
| 143 | $369.2K | $369.2K | $0 | |
| 144 | $245.8K | $245.8K | $0 | |
| 145 | $6.3M | $7.3M | -$1.0M | |
| 146 | $69.3K | $69.6K | -$386 | |
| 147 | $34.3K | $34.3K | $0 | |
| 148 | $697.1K | $697.1K | $0 | |
| 149 | $0 | $0 | $0 | |
| 150 | $4.3M | $4.8M | -$499.3K | |
| 152.5 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT PEP
PepsiCo is a global food and beverage giant operating both Pepsi beverages and Frito-Lay snacks. Its snack portfolio (Lay's, Doritos, Cheetos, Tostitos) consistently outperforms the beverage segment. The company also owns Quaker Oats, Gatorade, and Aquafina, making it one of the most diversified consumer staples companies.
WHY TRACK PEP ON SQUAWKFLOW
PEP options flow is a staple defensive indicator. Institutional call writing and put selling activity increases during risk-off periods, making PEP flow a sentiment gauge for broader market hedging behavior.
PEP DATA ON SQUAWKFLOW
Options Flow
PEP options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last PEP price, change, volume, and the current dealer-gamma regime
GEX Dashboard
PEP gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of PEP market microstructure in real time
News Sentiment
PEP news with AI sentiment scoring and impact analysis
Sector Context
Consumer sector rotation and relative strength vs peers
Track PEP in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
Open Terminal →LEARN MORE
A practical guide to reading dealer positioning data and understanding how market maker flows affect price action.
What is Gamma Exposure (GEX)? A Complete GuideUnderstanding gamma exposure and how dealer hedging creates support and resistance levels in the market.