TopgOptions

STZ Constellation Brands Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:STZ   Constellation Brands, Inc.
Analyzing the options chain and the chart patterns of STZ Constellation Brands prior to the earnings report this week,
I would consider purchasing the 270usd strike price Calls with
an expiration date of 2024-4-12,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.





Trade closed: target reached:
STZ reached $274.89 after earnings. The calls were definitely profitable, but I didn't monitor the options back then.

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