Then analyzing the options chain of TFC Truist Financial Corporation prior to the earnings report this week, I would consider purchasing the 34usd strike price Calls with an expiration date of 2023-7-28, for a premium of approximately $1.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
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TFC traded at $35.74 ahead of earnings. Calls already profitable.