Analyzing the options chain and the chart patterns of BMO Bank of Montreal prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $3.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
we are finally breaking the range market from March 2020. Price is respecting the uptrend. We expect price to go higher for next days.
Keep an eye on the spread of ACT/BMO, which broke out on Friday when the general market moved in the other direction (well this is a market neutral strategy). It gapped up, finishing at the high of it's daily range, in higher volume and on a Friday, all of which are significant. Actavis is a well held pharmaceutical stock which has good strength relative to...