ADI Analog Devices Options Ahead of Earnings

Analyzing the options chain and the chart patterns of ADI Analog Devices prior to the earnings report this week,
I would consider purchasing the 195usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $3.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade fermée: cible de profit atteinte:

ADI traded at $197.28 after the earnings report; the Calls were certainly profitable, but I didn't monitor the options chain back then.