Then analyzing the options chain and the chart patterns of LEVI Levi Strauss & Co prior to the earnings report this week, I would consider purchasing the 12usd strike price in the money Calls with an expiration date of 2024-1-19, for a premium of approximately $2.15. 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
LEVI traded at $14.71 after earnings, and the calls went up from $2.15 (when I wrote this article) to $2.40 at the close today (a lot higher intraday), for about 10% gain!
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