If you haven`t sold ALL before the previous earnings:
Now analyzing the options chain and the chart patterns of AAL American Airlines Group prior to the earnings report this week, I would consider purchasing the 10.50usd strike price Puts with an expiration date of 2024-7-26, for a premium of approximately $0.41. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade chiuso: obiettivo raggiunto
AAL reached a 52-week low of $9.76 after the earnings. Although I hadn't monitored the options chain at that time, the puts were definitely profitable.
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