Analyzing the options chain and the chart patterns of CL Colgate-Palmolive Company prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $3.70. 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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CL reached $74.54 after earnings, then traded lower. I haven`t monitored the options chain.