M Macy's Options Ahead of Earnings

If you haven`t sold M before the previous earnings:
M Macy's Options Ahead of Earnings


Now analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-8-30,
for a premium of approximately $1.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


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