PBR Petroleo Brasileiro Options Ahead of Earnings
Updated
Analyzing the options chain and the chart patterns of PBR Petroleo Brasileiro prior to the earnings report this week,
I would consider purchasing the 17usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $3.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I would consider purchasing the 17usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $3.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
PBR traded at $14.49 after earnings, and the Puts went up from $3.20 (when I wrote this article) to $6.40 at the Ask side yesterday, for about 2X gain!
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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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