V Visa Options Ahead of Earnings

Visa has a pattern to trade lower after the earnings and then rally after few months.

That`s why, analyzing the options chain and the chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 275usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $13.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade closed: target reached:

V Visa traded at $278.50 after earnings, and the Calls went up from $13.15 (when I wrote this article) to $16.05 at the close on Friday (higher intraday), for about 25% gain!