If you haven`t sold PINS ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week, I would consider purchasing the 38usd strike price Calls with an expiration date of 2024-2-9, for a premium of approximately $3.10. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
PINS calls were in the money this week, with the stock trading at $41.62. I haven't monitored the options, but they were certainly profitable back then.
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