KO Coca-Cola Options Ahead of Earnings

12 feb 2023

Looking at the KO The Coca-Cola Company options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-8-18 expiration date for about
$3.30 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if KO keeps on climbing.

Looking forward to read your opinion about it.

15 feb 2023

Trade chiuso: obiettivo raggiunto

Target reached, KO trading at $60.84 after earnings, but i haven`t closed the calls. i think there is still upside potential before the expiration date.