ABT Abbott Laboratories Options Ahead of Earnings

If you haven`t bought ABT here:

or sold it here:

Then analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week,
I would consider purchasing the 91usd strike price Calls with
an expiration date of 2023-10-27,
for a premium of approximately $3.15.
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.

Transakcja zamknięta: osiągnięto wyznaczony cel:

ABT traded at $98.14 after earnings, and the Calls went up from $3.15 (when I wrote this article) to $6.10 at the close today (a lot higher intraday), for almost 95% gain!