Texas Instruments Incorporated
Long
Updated

TXN Texas Instruments Incorporated Options Ahead of Earnings

269
Analyzing the options chain and the chart patterns of TXN Texas Instruments Incorporated prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $6.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
TXN traded at $211.38on friday, after earnings, and the Calls went up from $6.75 (when I wrote this article) to $9.70 at the close of the day, for about 45% gain.

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