BLK BlackRock Options Ahead of Earnings

Updated
If you haven`t sold BLK here:
BLK BlackRock Options Ahead of Earnings

or ahead of the previous earnings:
BLK BlackRock Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of BLK BlackRock prior to the earnings report this week,
I would consider purchasing the 640usd strike price Puts with
an expiration date of 2023-10-13,
for a premium of approximately $10.80.
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
BLK traded at $620.24 at the expiration, and the Puts went up from $10.80 to $19.76 for about 80% gain!
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