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Mar 31, 2024 1:49 PM

LNN Lindsay Corporation Options Ahead of Earnings Short

Lindsay CorporationNYSE

Description

Analyzing the options chain and the chart patterns of LNN Lindsay Corporation prior to the earnings report this week,
I would consider purchasing the 155usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $8.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached

LNN puts were in the money at some point, but I haven't monitored the options back then.
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