Snowflake short term Covered Call before earnings
I believe Snowflake will stick within its current downtrend channels until earnings date. Trend is down, and RSI / Volatility is settling.
I'm selling a Dec02 170 CALL option covered by my position which I hope to expire worthless on the Friday before earnings .
After earnings , I expect stock to rally outside the channels.
I'm selling a Dec02 170 CALL option covered by my position which I hope to expire worthless on the Friday before earnings .
After earnings , I expect stock to rally outside the channels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.