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Jan 7, 2024 1:56 PM

WDFC WD-40 Company Options Ahead of Earnings Short

WD-40 CompanyNASDAQ

Description

If you haven`t sold WDFC prior to previous earnings:


Then analyzing the options chain and the chart patterns of WDFC WD-40 Company prior to the earnings report this week,
I would consider purchasing the 230usd strike price the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $7.55.
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.


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