TopgOptions

PINS Pinterest Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:PINS   Pinterest, Inc.
If you haven`t sold PINS before the previous earnings:
nor entered in the Buy area:

Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $5.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached:
PINS traded at $41.39 today, after earnings, and the Calls went up from $5.35 (when I wrote this article) to $10.25 at the close today, for almost 2X gain!

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