BK Bank of New York Mellon Corporation Options Ahead of Earnings

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 $52.5usd strike price in the money Calls with
an expiration date of 2024-5-17,
for a premium of approximately $3.45.
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 $57.83 today, after earnings, and the Calls went up from $3.45 (when I wrote this article) to about $5.10 at the close today (high spread though), for about 45% gain!