PENN Entertainment Options Ahead of EarningsAnalyzing the options chain and the chart patterns of OXY PENN Entertainment prior to the earnings report this week,
I would consider purchasing the $22.5usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $0.88.
If these options prove to be profitable prior t
−0.000 BRL
−1.68 B BRL
35.46 B BRL
About PENN Entertainment, Inc.
Sector
Industry
CEO
Jay A. Snowden
Website
Headquarters
Wyomissing
Founded
1982
ISIN
BRP2ENBDR009
FIGI
BBG00ZVXGGM8
PENN Entertainment, Inc. engages in the provision of integrated entertainment, sports content, and casino gaming services. It operates through the following business segments: Northeast, South, West, Midwest, Interactive, and Other. The Northeast segment includes Ameristar East Chicago, Hollywood Casino, Hollywood Gaming, Marquee, and Plainridge Park Casino operations. The South segment manages 1st Jackpot Casino, Ameristar Vicksburg, Boomtown, Hollywood Casino Gulf Coast, Hollywood Casino Tunica, L’Auberge, and Margaritaville Resort Casino. The West segment is involved in Ameristar Black Hawk, Cactus Petes and Horseshu, M Resort Spa Casino, and Zia Park Casino operations. The Midwest segment focuses on Ameristar Council Bluffs, Argosy Casino, Hollywood Casino, Prairie State Gaming, and River City Casino operations. The Interactive segment refers to an online gaming portfolio which includes ESPN BET, Hollywood Casino, theScore Bet, and PENN Game Studios. The Other segment consists of stand-alone racing operations, namely Sanford-Orlando Kennel Club, Sam Houston, and Valley Race Park. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.
Sports Betting SurgePenn Entertainment is demonstrating strong bullish momentum, with a gap forming around the $16.00 level. A breakout above the $21.37 daily resistance would signal further strength, positioning the stock to target $27.21. This setup offers an attractive risk-to-reward ratio, with a stop-loss set at $
PENN eyes on $20.49: Golden Genesis holding down the recoveryPENN has been in a several year downtrend.
Currently bubbling against a Golden Genesis fib.
Clear to all humans/bots/indi''s so very important.
$ 20.49 is the fib, call it 22.50 for rounding.
$ 18.79 is key support below and SL shield.
$ 22.28 is first target and then re-evaluate.
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Touchdown Trade: PENN Entertainment Ready to Score Big at $36.90PENN Entertainment is showing strong bullish momentum, positioning the stock to push toward the critical resistance level of $36.90. With an attractive risk-to-reward ratio of 8.31 , this setup presents an excellent entry point for traders and investors looking to capitalize on its upward trajector
Penn Reports Q4 Net Loss of $358.8m Amidst ESPN Bet LaunchPenn Entertainment announced a net loss of $358.8m for Q4 2023, a quarter in which the operator launched its ESPN Bet sportsbook.
ESPN Bet, the product of Penn’s $1.5bn deal with Disney-owned ESPN, launched across 17 states on 15 November. Penn’s Interactive segment recorded revenues of $31.5m in Q
PENN Entertainment Options Ahead of EarningsIf you haven`t bought PENN before the previous earnings:
Then analyzing the options chain and the chart patterns of PENN Entertainment prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximate
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
PENN5210724
PENN Entertainment, Inc. 4.125% 01-JUL-2029Yield to maturity
8.83%
Maturity date
Jul 1, 2029
PENN4444846
PENN Entertainment, Inc. 5.625% 15-JAN-2027Yield to maturity
6.43%
Maturity date
Jan 15, 2027
PENN4987121
PENN Entertainment, Inc. 2.75% 15-MAY-2026Yield to maturity
0.67%
Maturity date
May 15, 2026
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