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Mar 17, 2024 12:48 PM

GIS General Mills Options Ahead of Earnings Short

General Mills, Inc.NYSE

Description

If you haven`t bought GIS before the rally:

nor sold the potential selloff:


Then analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 62.50usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



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