RTX Corporation Options Ahead of Earnings

Updated
Analyzing the options chain and the chart patterns of RTX Corporation prior to the earnings report this week,
I would consider purchasing the 80usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.37.
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
RTX traded at $79.35 after earnings, and the Calls went up from $1.37 (when I wrote this article) to $2.96 at the close today (a lot higher intraday), for about 2.15X gain!
buysignalcourseFundamental AnalysisTechnical IndicatorsRTXrtxcorporationsignaltradingtradingcourseTrend Analysis

Also on:

Disclaimer