CHWY bullish options ahead of earnings

NYSE:CHWY   Chewy, Inc
Yesterday Chewy , Inc. ( CHWY ) had a strange amount of options, 1.2K Puts and 10.2K Calls, many of them expiring soon,
2022-3-18, with a strike price of $70.

2 Week Range 36.69 - 97.74
yesterday the price was $42.04

On 1/27/2022 Royal Bank of Canada Initiated Coverage for Chewy , Inc. ( CHWY ) with an Outperform rating and a price target of $77.00.

I aim for the 52.60 resistance short term.

Looking forward to read your opinion about it.


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