If you haven`t bought MA before the previous earnings:
Then analyzing the options chain and the chart patterns of MA Mastercard Incorporated prior to the earnings report this week, I would consider purchasing the 457.5usd strike price Puts with an expiration date of 2024-5-3, for a premium of approximately $5.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
MA traded at $436.95 after earnings, and the Puts went up from $5.95 (when I wrote this article) to $13.78 at expiration (a lot higher intraday), for about 2.3X gain!
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