BK The Bank of New York Mellon Options Ahead of Earnings

7. Juli 2024

If you haven`t bought BK before the previous earnings:

Now analyzing the options chain and the chart patterns of BK The Bank of New York Mellon Corporation prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

16. Juli 2024

Trade geschlossen: Ziel wurde erreicht

BK traded at $65.90 after earnings, and the Calls went up from $1.22 (when I wrote this article) to $6.10 today, for a fantastic 5X gain!
Congrats to those who bought the calls!