XOM Exxon Mobil Corporation Options Ahead of Earnings

If you haven`t bought XOM ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of XOM Exxon Mobil Corporation prior to the earnings report this week,
I would consider purchasing the 105usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade chiuso: obiettivo raggiunto:

XOM traded at $109.12 after earnings, and the Calls went up from $2.37 (when I wrote this article) to $4.40 at the close yesterday, for about 85% gain!