PG The Procter & Gamble Company Options Ahead of Earnings

Analyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week,
I would consider purchasing the $152.5 strike price Calls with
an expiration date of 2023-8-4,
for a premium of approximately $2.97.
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 geschlossen: Ziel wurde erreicht:

PG traded at $157.48 after earnings, and the calls went up from $2.97 (when I wrote this article) to $4.35 at the close today (a lot higher intraday), for about 50% gain!