AZO AutoZone Options Ahead of Earnings

16 Sep 2023

Analyzing the options chain and the chart patterns of AZO AutoZone prior to the earnings report this week,
I would consider purchasing the 2500usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $60.35.
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.

20 Sep 2023

Catatan

AZO reached $2421. I haven`t monitored the options, but the Puts were for sure profitable at that level.