Mastercard Incorporated
Long
Updated

MA Mastercard Options Ahead of Earnings

383
If you haven`t sold MA on its exposure to Russia news:
MA Mastercard exposure to Russia and Ukraine


Then analyzing the options chain and the chart patterns of MA Mastercard prior to the earnings report this week,
I would consider purchasing the 450usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $7.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
MA traded at $463.84 after earnings, and the Calls went up from $7.90 (when I wrote this article) to $18.75 at the close on Friday (a lot higher intraday), for about 140% gain!

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