BK Bank of New York Mellon Corporation Options Ahead of Earnings

13 avr.

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 52.5usd strike price in the money Calls with
an expiration date of 2024-5-17,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

23 avr.

Trade fermée: cible de profit atteinte

BK traded at $57.83 today, after earnings, and the Calls went up from $3.45 (when I wrote this article) to about $5.10 at the close today (high spread though), for about 45% gain!