TopgOptions

KO Coca-Cola Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:KO   Coca-Cola Company (The)
Looking at the KO The Coca-Cola Company options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-8-18 expiration date for about
$3.30 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if KO keeps on climbing.

Looking forward to read your opinion about it.



Trade closed: target reached:
Target reached, KO trading at $60.84 after earnings, but i haven`t closed the calls. i think there is still upside potential before the expiration date.

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.