WAL Western Alliance Bancorporation Options Ahead of Earnings

If you haven`t bought WAL before the previous earnings:

Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week,
I would consider purchasing the 52.50usd strike price in the money Calls with
an expiration date of 2024-6-21,
for a premium of approximately $6.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade fechado: objetivo atingido:

WAL traded at $60.55 today, after earnings, and the Calls went up from $6.35 (when I wrote this article) to $9.30 at the close today, for about 45% gain!