AA Alcoa Corporation Options Ahead of Earnings
Updated
If you haven`t bought AA before the previous earnings:
Then analyzing the options chain and the chart patterns of AA Alcoa Corporation prior to the earnings report this week,
I would consider purchasing the 30usd strike price at the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.13.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Then analyzing the options chain and the chart patterns of AA Alcoa Corporation prior to the earnings report this week,
I would consider purchasing the 30usd strike price at the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.13.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
AA closed at $27.36 at expiration, and the $30 strike price puts went from $1.13 to $2.64, resulting in a 2.33X gain!
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Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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