BLK BlackRock Options Ahead of Earnings

If you haven`t bought the dip on BLK:

Then analyzing the options chain and the chart patterns of BLK BlackRock prior to the earnings report this week,
I would consider purchasing the 760usd strike price Puts with
an expiration date of 2024-5-10,
for a premium of approximately $11.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Transakcja zamknięta: osiągnięto wyznaczony cel:

BLK traded at $762.06 after earnings, and the Puts went up from $11.50 (when I wrote this article) to $18.90 at the close today (higher intraday), for about 65% gain!