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Nov 27, 2022 11:06 AM

SNOW Snowflake Options Ahead Of Earnings Long

Snowflake Inc.NYSE

Description

If you haven`t sold the Head and Shoulders bearish chart pattern:

or played the reversal last time:


Now looking at the SNOW Snowflake options chain ahead of earnings , i would buy the $150 strike price Calls with
2022-12-16 expiration date for about
$10.30 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Trade closed: target reached

SNOW reached $154.06 on December 1st.
Comments
Maddy50
@CryptoFundManager is more fall expected in this stock? its at 136 now
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