GIS General Mills Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t bought GIS here:
GIS General Mills, Inc. Options Ahead Of Earnings

or ahead of earnings here:
GIS General Mills Options Ahead Of Earnings

Nor sold it here:
GIS General Mills Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 65usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $1.52.
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.





Trade closed: target reached
GIS traded at $64.54 after earnings. I haven`t monitored the options back then.
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