TopgOptions

TME Tencent Music Entertainment Group Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:TME   Tencent Music Entertainment Group
Analyzing the options chain and the chart patterns of TME Tencent Music Entertainment Group prior to the earnings report this week,
I would consider purchasing the 11usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.43.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached:
TME traded at $11.80 after earnings. The calls were profitable, but I hadn't mentioned the options chain back then.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.