If you haven`t bought M before the previous earnings:
Then 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 Puts with an expiration date of 2025-1-17, for a premium of approximately $1.49. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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.