PG The Procter & Gamble Company Options Ahead of Earnings

16 ott 2023

If you haven`t bought PG here:

Then analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $2.84.
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.

21 ott 2023

Trade chiuso: obiettivo raggiunto

PG traded at $150.33 after earnings, and the calls went up from $2.84 (when I wrote this article) to $3.65 at the close today (a lot higher intraday), for about 30% gain!