GE General Electric Company Options Ahead of Earnings

Analyzing the options chain and chart patterns of GE General Electric Company prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.85.
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

GE trading at $117.96 after earnings and calls are up from $3.85 (when I wrote this article) to $8.15 at close today (even more intraday).
A decent 2.10X Gain!

TopgOptions

Private SIGNALS patreon.com/PremiumOptionsSignals
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

TopgOptions

Also on: