DIS The Walt Disney Company Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t sold DIS before the previous earnings:
DIS Disney Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $3.05.
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
DIS traded at $95.29 after earnings, and the Calls went up from $3.05 (when I wrote this article) to $10.30 on the expiration date for an impressive 3.35X gain!
Congrats to those who bought the calls!
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