DIS The Walt Disney Company Options Ahead of Earnings

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If you haven’t sold based on the Head and Shoulders bearish chart pattern on DIS:
DIS The Walt Disney Company Options Ahead of Earnings


Now analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade chiuso: obiettivo raggiunto
DIS traded at $115.19 on friday, after earnings, and the Calls went up from $4.10 (when I wrote this article) to $15.75 at the close of the day, for a fantastic 3.84X gain!
Congrats to those who bought the calls!
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