Long

PACW PacWest Bancorp Options Ahead of Earnings

Updated
Analyzing the options chain and chart patterns of PACW PacWest Bancorp prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
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
PACW reached $11.20 ahead of earnings. Haven`t checked the options.
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