AMRK A-Mark Precious Metals Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AMRK A-Mark Precious Metals prior to the earnings report this week,
I would consider purchasing the 35usd strike price in the money Puts with
an expiration date of 2023-9-15,
for a premium of approximately $1.92.
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.
AMRK
$AMRK Bullish breakoutBullish breakout and good volume on A-Mark precious metals today up over 8%
Projected move is to $95 zone in next few weeks.
Really like the set up here with this stock consolidating nicely before each leg up and continuously grinding higher.
Bullish on anything coming out of the ground right now :)
Options chain was a little dry for me, I'm long shares.
A-Mark Precious Metals short of the mark. AMRKGoals 60, 55. Invalidation at 97.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$AMRK.... "W" For The Win.95% above earnings expectations today! Anyone that happened to enter this trade prior to the report should be in for some good gains. This stock should barrel over the ATH and push the bar even higher. I'm almost certain after this report $52.30-$55.35 resistance area won't even be an issue.