If you haven`t sold LW before the previous earnings:
Now analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week, I would consider purchasing the 65usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $5.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade chiuso: obiettivo raggiunto
LW traded at $71.72 today and the Calls went up from $5.15 (when I wrote this article) to $6.30 at the close of the day, for a modest 22% gain so far!
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