TopgOptions

Bank OZK Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:OZK   Bank OZK
If you haven`t sold OZK here:

Then analyzing the options chain and the chart patterns of Bank OZK prior to the earnings report this week,
I would consider purchasing the 47usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.32.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached:
OZK traded at $44.86 after the earnings release, and the puts were certainly profitable, probably 2X. However, I haven't monitored its options chain back then.

Disclaimer

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.