INTC Intel Corporation Options Ahead of Earnings

If you haven`t bought the Double Bottom on INTC here:

Then analyzing the options chain and the chart patterns of INTC Intel Corporation prior to the earnings report this week,
I would consider purchasing the 34usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.56.
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 fermée: cible de profit atteinte:

INTC reached $32.16 one day before the earnings and the puts were profitable back then, for sure.