KO The Coca-Cola Company Options Ahead of Earnings

If you haven`t bought KO ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of KO The Coca-Cola Company prior to the earnings report this week,
I would consider purchasing the 55usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $1.14.
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:

KO traded at $56.16 after earnings, and the Calls went up from $1.14 (when I wrote this article) to $1.53 at the close today (a lot higher intraday), for about 35% gain!