BURL Burlington Stores Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BURL Burlington Stores prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2023-9-1,
for a premium of approximately $5.90.
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.
Burlington
BURL Burlington Stores Options Ahead of EarningsAnalyzing the options chain of BURL Burlington Stores prior to the earnings report this week,
I would consider purchasing the 175usd strike price Calls with
an expiration date of 2023-6-9,
for a premium of approximately $7.05.
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.
Burlington Bounced Off SupportBurlington (BURL) found support on the monthly cloud. With just 3 trading days left in the month, there's little chance the candle will pierce the cloud. Monthly Stoch RSI highly suggests this is a major bottom. Monthly Fibonacci also validates the potential bottom.
Not financial advice.