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Aug 19, 2023 11:19 AM

LOW Lowe's Companies Options Ahead of Earnings Short

Lowe's Companies, Inc.NYSE

Description

Analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 210usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $4.95.
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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