If you haven`t bought MSFT after they revealed a 49% Stake in OpenAI creator of ChatGPT:
Then analyzing the options chain and the chart patterns of MSFT Microsoft Corporation Options prior to the earnings report this week, I would consider purchasing the 350usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $6.90. 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
PG traded at $346.20 after earnings, and the Calls went up from $6.90 (when I wrote this article) to $9.35 at the close today (a lot higher intraday), for about 40% gain!
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