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Oct 11, 2023 12:41 PM

FAST Fastenal Company Options Ahead of Earnings Short

Fastenal CompanyNASDAQ

Description

If you haven`t bought FAST here:

Then analyzing the options chain and the chart patterns of FAST Fastenal Company prior to the earnings report this week,
I would consider purchasing the 55usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $0.87.
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.


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