SCHW The Charles Schwab Corporation Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t sold SCHW here:
SCHW The Charles Schwab Corporation Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of SCHW The Charles Schwab Corporation prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.06.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
SCHW closed at $63.78 at expiration, and the $66 strike price puts went from $2.06 to $2.22, resulting in a small gain! Intraday SCHW traded as low as $61.90, if you timed your exit perfectly.
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