TopgOptions

DE Deere & Company Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:DE   Deere & Company
Analyzing the options chain and the chart patterns of DE Deere & Company prior to the earnings report this week,
I would consider purchasing the 377.50usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $9.65.
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:
DE reached $356.27 after the earnings release and the puts went up for sure more than 2X at that point, but I haven`t monitored the options chain back then.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.