If you haven sold SNAP here:
Then analyzing the options chain of SNAP prior to the earnings report this week,
I would consider purchasing the 10usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Then analyzing the options chain of SNAP prior to the earnings report this week,
I would consider purchasing the 10usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Trade closed: target reached:
SNAP trading at $8.41 after earnings. Puts trading at $2.70 from $2.05. About 35% gain so far.
Trade active:
I think SNAP will reach 8 usd this week. Puts trading at $3.10, Up 50%
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
Private Signals www.patreon.com/PremiumOptionsSignals
RESULTS www.bit.ly/topgx
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals www.patreon.com/PremiumOptionsSignals
RESULTS www.bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880