Then analyzing the options chain and the chart patterns of C Citigroup prior to the earnings report this week, I would consider purchasing the 41.50usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $1.06. 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 chiuso: obiettivo raggiunto
C Citigroup at $43.30 after earnings, and the calls went up from $1.06 to more than $1.80 for a decent 70% gain!
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