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Mar 31, 2024 1:19 PM

GBX The Greenbrier Companies Options Ahead of Earnings Long

Greenbrier Companies, Inc. (The)NYSE

Description

Analyzing the options chain and the chart patterns of GBX The Greenbrier Companies prior to the earnings report this week,
I would consider purchasing the 55usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $2.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached

GBX traded at $58.00 after earnings, and the calls were definitely profitable, but I haven't monitored the options back then.
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