CL Colgate-Palmolive Company Options Ahead of Earnings

24 ott 2023

Analyzing the options chain and the chart patterns of CL Colgate-Palmolive Company prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $3.70.
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.

28 ott 2023

Trade chiuso: obiettivo raggiunto

CL reached $74.54 after earnings, then traded lower. I haven`t monitored the options chain.