If you haven`t bought GE ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of GE General Electric prior to the earnings report this week,
I would consider purchasing the 105usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $5.20.
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.
Then analyzing the options chain and the chart patterns of GE General Electric prior to the earnings report this week,
I would consider purchasing the 105usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $5.20.
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:
GE traded at $114.88 after earnings, and the calls went up from $5.20 (when I wrote this article) to $9.90 at the close today (a lot higher intraday), for about 90% gain!
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RESULTS www.bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880