Then analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week, I would consider purchasing the 150usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $2.84. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade fechado: objetivo atingido
PG traded at $150.33 after earnings, and the calls went up from $2.84 (when I wrote this article) to $3.65 at the close today (a lot higher intraday), for about 30% gain!
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