If you haven`t bought BK before the previous earnings:
Now analyzing the options chain and the chart patterns of BK The Bank of New York Mellon Corporation prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $1.22. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trading ditutup: target tercapai
BK traded at $65.90 after earnings, and the Calls went up from $1.22 (when I wrote this article) to $6.10 today, for a fantastic 5X gain! Congrats to those who bought the calls!
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