TopgOptions

PACW PacWest Bancorp Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:PACW   None
Analyzing the options chain and chart patterns of PACW PacWest Bancorp prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
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:
PACW reached $11.20 ahead of earnings. Haven`t checked the options.

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.