SQ Block Options Ahead of Earnings

29 Apr 2024

If you haven`t sold SQ before the previous earnings:

Then analyzing the options chain and the chart patterns of PSQ Block prior to the earnings report this week,
I would consider purchasing the 72.50usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $5.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

6 Mei 2024

Trading ditutup: target tercapai

SQ reached $65.74 after this article was published. The puts were certainly profitable, but I didn't monitor the options chain back then.