ET Energy Transfer Options Ahead of Earnings

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Analyzing the options chain and the chart patterns of ET Energy Transfer prior to the earnings report this week,
I would consider purchasing the 16.50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade geschlossen: Ziel wurde erreicht
ET traded at $17.39 today, and the Calls went up from $0.22 (when I wrote this article) to $0.82 at the close of the day (a lot higher intraday), for a fantastic 3.72X gain!
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