PINS Pinterest Options Ahead of Earnings

4 feb 2024

If you haven`t sold PINS ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week,
I would consider purchasing the 38usd strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

10 feb 2024

Trade chiuso: obiettivo raggiunto

PINS calls were in the money this week, with the stock trading at $41.62. I haven't monitored the options, but they were certainly profitable back then.