GILD Gilead Sciences Options Ahead of Earnings

Updated
Analyzing the options chain and the chart patterns of GILD Gilead Sciences prior to the earnings report this week,
I would consider purchasing the 89usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $2.91.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
GILD traded at $98.90 today, and the Calls went up from $2.91 (when I wrote this article) to $9.00 at the close of the day (a lot higher intraday), for a fantastic 3.09X gain!
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