AZN AstraZeneca PLC Options Ahead of Earnings

7 нояб. 2023 г.

Analyzing the options chain and the chart patterns of AZN AstraZeneca PLC prior to the earnings report this week,
I would consider purchasing the 66usd strike price in the money Puts with
an expiration date of 2023-11-10,
for a premium of approximately $2.30.
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.

21 нояб. 2023 г.

Сделка закрыта: достигнута тейк-профит цена

AZN reached $61.86 after the earnings release and the puts were for sure profitable. But I haven`t monitored the options chain back then.