Analyzing the options chain of FTCH Farfetch Limited prior to the earnings report this week, I would consider purchasing the 5usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $0.80 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
FTCH trading at $5.67 after earnings. Calls UP more than 2X at some point.
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