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Aug 26, 2023 2:22 AM

BBY Best Buy Co Options Ahead of Earnings Long

Best Buy Co., Inc.NYSE

Description

If you haven`t bought BBY here:


Then analyzing the options chain and the chart patterns of BBY Best Buy Co prior to the earnings report this week,
I would consider purchasing the 77.50usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $3.80.
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

BBY stock traded at $78.93 after earnings. I haven`t monitored the options.
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