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
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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!