Then analyzing the options chain of PEP PepsiCo prior to the earnings report this week, I would consider purchasing the 185usd strike price Calls with an expiration date of 2023-5-19 for a premium of approximately $3.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them, I expect a retracement afterwards.
I am interested to hear your thoughts on this strategy.
交易結束:目標達成
PEP reached $190 after the earnings report. Calls trading now at $5.50 from $3.60, so a 55% gain, one day after. but it was more than 2X higher when PEP was at $190.