FAST Fastenal Company Options Ahead of Earnings

7 de jul. de 2024

Analyzing the options chain and the chart patterns of FAST Fastenal Company prior to the earnings report this week,
I would consider purchasing the 62.12usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $2.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

22 de jul. de 2024

Trade fechado: objetivo atingido

FAST traded at $71.09 after earnings, and the calls went up from $2.37 (when I wrote this article) to $5.67 at the close on friday (a lot higher intraday), for a decent 2.39X gain!