Then analyzing the options chain and the chart patterns of BA The Boeing Company prior to the earnings report this week, I would consider purchasing the 210usd strike price in the money Calls with an expiration date of 2023-8-18, for a premium of approximately $8.45. 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
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BA traded at $238.54 after earnings, and the calls are up from $8.45 (when I wrote this article) to $25.05 at the close today (a lot higher intraday), for an impressive 3X gain! Congrats for those who have them!