Then analyzing the options chain and the chart patterns of BBY Best Buy Co prior to the earnings report this week, I would consider purchasing the 77.50usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $3.80. 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 closed: target reached
BBY stock traded at $78.93 after earnings. I haven`t monitored the options.
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