TopgOptions

MDT Medtronic plc Options Ahead of Earnings

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BATS:MDT   Medtronic plc.
If you haven`t bought the previous dip in MDT:

Then analyzing the options chain and the chart patterns of MDT Medtronic plc prior to the earnings report this week,
I would consider purchasing the 75usd strike price at the money Calls with
an expiration date of 2023-11-24,
for a premium of approximately $1.24.
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.


Trading ditutup: target tercapai:
MDT traded at $78.82 after earnings, and the Calls went up from $1.24 (when I wrote this article) to $3.80 at the close today (higher intraday), for more than 3X gain!
Congrats to those who bought the calls!

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