If you haven`t sold KEY here:
Then analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $0.78.
If these options prove to be profitable prior to the earnings release, I would sell at...
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with
2023-6-16 expiration date for about
$0.27 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
The interesting situation I see at this chart, there are always two scenarios of the possible price movement to the trader.
1) This uptrend will continue to rise.
2) This uptrend can have the correction before the price will hit the new highs at the end of the year.
The monthly TF looks very positive, merely because the price doesn't fall below 7EMA line since...
