Verizon Communications Inc.
Short
Updated

VZ Verizon Communications Options Ahead of Earnings

413
If you haven sold VZ here:
Verizon Communications VZ options ahead of Earnings


Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 37usd strike price Puts with
an expiration date of 2023-5-19
for a premium of approximately $0.84
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

I am interested to hear your thoughts on this strategy.



Trade closed: target reached
VZ trading at $36.60, touching the bearish pennant line.

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