CVS Health Corporation Options Ahead of Earnings

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Analyzing the options chain and the chart patterns of CVS Health Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $1.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade chiuso: obiettivo raggiunto
CVS traded at $76.35 after earnings, and the calls went up from $1.00 (when I wrote this article) to $1.32 at the close today, for about 32% gain!
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