If you haven`t bought CHWY here:
or sold it here:
then Analyzing the options chain of CHWY Chewy prior to the earnings report this week,
I would consider purchasing the $29.5 strike price Puts with
an expiration date of 2023-6-2,
for a premium of approximately $1.29
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.
or sold it here:
then Analyzing the options chain of CHWY Chewy prior to the earnings report this week,
I would consider purchasing the $29.5 strike price Puts with
an expiration date of 2023-6-2,
for a premium of approximately $1.29
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.
Trade closed: target reached:
CHWY reached the strike price ahead of earnings. trading at $29.10.
Puts were $1.96 at close, up from $1.29, when i wrote this article (even higher intraday)!
A 50% Gain!
Puts were $1.96 at close, up from $1.29, when i wrote this article (even higher intraday)!
A 50% Gain!
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TRADING COURSE bit.ly/tradex
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RESULTS www.bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880