If you haven`t sold STT before the previous earnings:
Then analyzing the options chain and the chart patterns of STT State Street Corporation prior to the earnings report this week,
I would consider purchasing the 72.50usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $0.90.
If these options prove to be profitable prior...
These are the largest financial institutions in the world. BlackRock, BlackStone, State Street Corporation, American Express Company. CME Group, NY Bank of Mellon Corporation, and Vangaurd. This is not a Bank Sector Idea. This is a Financial Conglomerate type of idea rather than individual banks. Because these companies realistically OWN the banks.
BlackRock,...
Analyzing the options chain of STT State Street Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 7/21/2023,
for a premium of approximately $1.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read...
As we can see in this graph, STT stock seems to be following a bearish pattern (orange lines). It just hit the and bounced on the bottom line, so we can take advantage of the movement with a long position. Starting from the bottom, in green we highlighted 3 signals:
-STOCHASTIC: even if it still is in the oversold area, we can see that the signal line has just...
