ASML Holding Options Ahead of Earnings

23 gen 2024

If you haven`t sold the regional top on ASML:

nor entered the dip before the previous earnings:

Then analyzing the options chain and the chart patterns of ASML Holding prior to the earnings report this week,
I would consider purchasing the 770usd strike price Calls with
an expiration date of 2024-1-26,
for a premium of approximately $15.85.
And looking at the chart this would be probably the final leg of the Double Top.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

27 gen 2024

Trade chiuso: obiettivo raggiunto

ASML closet at $867.75 on the expiration date, and the 770usd strike price Calls went from $15.85 to $97.75, for a fantastic gain of 6.16X!! Even higher intraday!
Congrats to those who bought the calls!