Then analyzing the options chain and the chart patterns of MDT Medtronic plc prior to the earnings report this week, I would consider purchasing the 75usd strike price at the money Calls with an expiration date of 2023-11-24, for a premium of approximately $1.24. 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.
Trade closed: target reached
⋅
MDT traded at $78.82 after earnings, and the Calls went up from $1.24 (when I wrote this article) to $3.80 at the close today (higher intraday), for more than 3X gain! Congrats to those who bought the calls!