WBA Walgreens Boots Alliance Options Ahead of Earnings

If you haven`t sold WBA here:

Then analyzing the options chain and the chart patterns of WBA Walgreens Boots Alliance prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2023-10-13,
for a premium of approximately $0.54.
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:

WBA traded at $24.63 at the expiration, and the calls went up from $0.54 to $1.63 for a fantastic 3X gain!