Core Insights - Monster Beverage Corp reported second-quarter earnings of $0.52 per share on revenue of $2.11 billion, marking the first time quarterly net sales exceeded $2 billion [1] - The growth was primarily driven by the flagship drink and strategic brands, while the alcoholic beverages segment underperformed [1] Stock Performance - Following the earnings report, Monster Beverage's stock rose 7.6% to $65.39, reaching an all-time high of $65.50 during the session [3] - Year-to-date, the stock has increased by 25.1%, overcoming resistance at the $64 level that had limited gains in May and June [3] Analyst Upgrades - Piper Sandler upgraded Monster Beverage to "overweight" from "neutral," reflecting increased confidence in the company's growth potential [2] - At least five other analysts also raised their price targets for the stock following the earnings announcement [2] Options Activity - The call/put volume ratio for Monster Beverage is 2.55, indicating a higher prevalence of calls compared to puts, ranking above 98% of readings from the past year [4] - Options trading volume today is six times the average pace, with 4,100 calls and 2,000 puts exchanged [4] - The most popular option is the August 65 call, with new positions opening at the August 65 put [4]