KEY KeyCorp Options Ahead of Earnings

16 lug 2024

If you haven`t sold KEY before the selloff:

Now analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week,
I would consider purchasing the 15usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.21.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

8 ago 2024

Trade chiuso: obiettivo raggiunto

KEY traded at $14.16 today, and the Puts went up from $0.21 (when I wrote this article) to about $1.05, for a fantastic 5X gain!