WBA Walgreens Boots Alliance Options Ahead of Earnings

If you haven`t bought the dip on WBA:

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 21usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $1.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade chiuso: obiettivo raggiunto:

WBA traded at $22.05 after earnings, and the Calls went up from $1.00 (when I wrote this article) to $1.19 at the close today (a lot higher intraday), for about 19% gain!