$PEP

PEP Covered Call

Submitted View on X

Strategy Covered Call

Entry date Oct 7, 2026

Net $112.75 debit

Legs

Action	Qty	Expiry	Strike	Type	Premium
Buy	100	-	-	Stock	$124.06
STO	1	Dec 18, 2026	115.00	Call	$11.31

Supporting documents

PEP covered call order ticket: buy 100 shares, sell Dec 2026 $115 call, $112.75 net debit

PEP dividend history table: 54 straight years of dividend hikes, 4.8% yield

PEP 10-year monthly price chart, 37% below $197 high

Trade thesis

$PEP buy-write 🥤

Buy 100 @ $124.06
STO Dec 18 ’26 $115 call

Net debit: $112.75/share ($11,275)
Order placed (GTC).

Called away at $115 → +$2.25/share = 2.0% in 72 days ≈ 10.1% annualized

+ December dividend ($1.48) → another 1.3%

Max total: 3.3% ≈ 16.8% annualized

Breakeven $112.75 = 9.1% downside cushion from the $11.32/share of call premium.

PEP 37% off its $197 high, 4.8% yield, 54 straight years of dividend hikes. Getting paid to wait. PEP covered call order ticket: buy 100 shares, sell Dec 2026 $115 call, $112.75 net debit PEP dividend history table: 54 straight years of dividend hikes, 4.8% yield PEP 10-year monthly price chart, 37% below $197 high