Snowflake Inc.
Long
Updated

SNOW Snowflake Options Ahead Of Earnings

720
If you haven`t sold the Head and Shoulders bearish chart pattern:
SNOW price target after Disappointing Growth Forecast

or played the reversal last time:
SNOW Snowflake Options Ahead Of Earnings


Now looking at the SNOW Snowflake options chain ahead of earnings , i would buy the $150 strike price Calls with
2022-12-16 expiration date for about
$10.30 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.
Trade closed: target reached
SNOW reached $154.06 on December 1st.

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