Now analyzing the options chain and the chart patterns of MDT Medtronic plc prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2024-8-23, for a premium of approximately $1.32. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade fechado: objetivo atingido
MDT traded at $88.50 on friday, after earnings, and the Calls went up from $1.32 (when I wrote this article) to $3.35 at the close of the day, for a decent 2.53X gain!
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