GT The Goodyear Tire & Rubber Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GT The Goodyear Tire & Rubber Company prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $0.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOODYEAR
GoodYear Tire (NASDAQ: $GT) Finds The Golden Pocket! 🔍The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.
GoodYear Tire & Rubber (USA: $GT) Massive Multi-Year Uptrend Goodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.
GoodYear Tire & Rubber (NASDAQ: GT) Could Lift Upwards 🎈🎈🎈The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The company has strategic collaboration with ConMet to develop combined digital solutions that connect commercial truck fleets to the health of their tires and wheel ends; and a strategic relationship with UFODRIVE to pursue opportunities to integrate their complementary mobility solutions, including Goodyear's intelligent tire monitoring system and proactive solutions suite and UFODRIVE's advanced eMobility software as a service platform. The Goodyear Tire & Rubber Company was founded in 1898 and is headquartered in Akron, Ohio.
Goodyear to Acquire $TCB Creating Stronger U.S.-Based LeaderGoodyear to Acquire Cooper, Creating Stronger U.S.-Based Leader in Global Tire Industry
Strengthens Leadership Position in Global Tire Industry
- Combines Two Complementary Brand Portfolios with a Comprehensive Offering Across the Value Spectrum
- Provides Significant, Immediate and Long-Term Financial Benefits
- Opportunity to Create Additional Value from Manufacturing and Distribution
- Increases Scale to Support Investments in New Mobility and Fleet Solutions
The transaction is expected to close in the second half of 2021.
finance.yahoo.com
DO NOT HAVE TIME FOR DESCRIPTION, JUST SHORT GT FROM LEVELDO NOT HAVE TIME FOR DESCRIPTION, JUST SHORT GT FROM LEVEL
I HAVE REALLY SKILL IN SHORT GT TWICE AND RESULT WAS VERY WELL.
TODAY, I ANNOUNCED MY IDEA TO PUBLIC SHORT GT, I THINK THAT IS BEST IDEA,
I EXPECTED ABOUT 33% PROFIT FROM THIS DEAL, STOP LOSS OR ANOTHER POINT FOR RISE POSITION TO LONG I SEE 15.95,
SO STOP LOSS IS ABOUT 9% FOR CURRENT PRICE.
GT: Bit of patience and the swing up might occur for 30% gainsGoodyear came out with results yesterday, and I quote:
"Q1 EPS of $0.50 beats by $0.04. // Revenue of $3.83B (+3.5% Y/Y) beats by $10M. // Looking ahead, Goodyear reaffirms prior guidance for 2018 segment operating income of $1.8B to $1.9B. Management expects the TireHub joint venture to be the "cornerstone " of its aligned distribution network."
This would bring the price up at least a bit right? Well no, it ended that day with -5%!
There's no logic in this price decline and that is why I place it in my watchlist, and will time the entry once the critical supports are hit, indicated on the chart above. Exit should be north of 32$, zone it reached many times after dips in last 2 years.
Will update when favorable zone is hit, make sure to follow for more.