MEI Methode Electronics Options Ahead of Earnings
Updated
Analyzing the options chain and the chart patterns of MEI Methode Electronics prior to the earnings report this week,
I would consider purchasing the 30usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.82.
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.
I would consider purchasing the 30usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.82.
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
MEI traded at $23.05 after earnings, and the Puts went up from $1.82 (when I wrote this article) to $7.00, for a fantastic 3.85X gain!
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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.