If you haven`t sold WOOF here, ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of WOOF Petco Health and Wellness Company prior to the earnings report this week,
I would consider purchasing the 7usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.70.
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.
Then analyzing the options chain and the chart patterns of WOOF Petco Health and Wellness Company prior to the earnings report this week,
I would consider purchasing the 7usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.70.
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:
WOOF traded at $5.00 after earnings, and the Puts went up from $0.70 (when I wrote this article) to $1.85 at the close today (a lot higher intraday), for a decent 165% gain!
Congrats to those who bought the puts!
Congrats to those who bought the puts!
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