WOOF Petco Health and Wellness Company Options Ahead of Earnings

If you haven`t sold WOOF before the previous earnings:

WOOF Petco Health and Wellness Company Options Ahead of Earnings

Then analyzing the options chain and the chart patterns of WOOF Petco Health and Wellness Company prior to the earnings report this week,
I would consider purchasing the 3usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $0.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade closed: target reached

PG traded at $2.01 after earnings, and the Puts went up from $0.57 (when I wrote this article) to $1.00 at the close on friday (a lot higher intraday), for about 75% gain!

TopgOptions

Private SIGNALS patreon.com/PremiumOptionsSignals
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/

Also on:

Related publications