PG The Procter & Gamble Company Options Ahead of Earnings

Updated
If you haven`t bought PG before the previous earnings:
PG The Procter & Gamble Company Options Ahead of Earnings


Now analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week,
I would consider purchasing the 165usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $2.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
PG traded at $159.23 today, after earnings, and the Puts went up from $2.05 (when I wrote this article) to $5.00 at the close today, for a decent 2.43X gain!
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