TopgOptions

BUD Anheuser-Busch InBev SA/NV Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:BUD   Anheuser-Busch Inbev SA Sponsored
If you haven`t sold BUD`s Double Top here:

Then analyzing the options chain and the chart patterns of BUD Anheuser-Busch InBev SA/NV prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $2.10.
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:
BUD traded at $157.48 after earnings, and the Calls went up from $2.10 (when I wrote this article) to $4.10 at the close today (higher intraday), for about 95% gain!

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