If you haven`t sold SQ before the previous earnings:
Then analyzing the options chain and the chart patterns of PSQ Block prior to the earnings report this week, I would consider purchasing the 72.50usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $5.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
SQ reached $65.74 after this article was published. The puts were certainly profitable, but I didn't monitor the options chain back then.
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