STT State Street Corporation Options Ahead of EarningsIf you haven`t sold STT before the previous earnings:
Then analyzing the options chain and the chart patterns of STT State Street Corporation prior to the earnings report this week,
I would consider purchasing the 72.50usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $0.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Statestreet
STT State Street Corporation Options Ahead of EarningsAnalyzing the options chain of STT State Street Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 7/21/2023,
for a premium of approximately $1.75.
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.
beat earnings, still overcooked, short BLKThe outperformance in Blackrock far outpaces the S&P and most of its competitors in the asset management space. S&P in orange & State Street in blue.
This pop on earnings is short-lived. I expect it to sell back off to where it came from. And when we have the 10-15% market correction which is needed for healthy financials; Blackrock will plummet during the correction because their assets are directly tied to the market.