LEVI Strauss Options Ahead of Earnings

TopgOptions Updated   
BATS:LEVI   Levi Strauss & Co
If you haven`t bought the dip on LEVI:

Then analyzing the options chain and the chart patterns of LEVI Strauss prior to the earnings report this week,
I would consider purchasing the 21usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade closed: target reached:
LEVI traded at $22.39 after earnings, and the Calls went up from $1.72 (when I wrote this article) to $2.20 at the close on Monday (a lot higher this week), for about 30% gain!


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.