ZION Zions Bancorporation Options Ahead of Earnings

21 Jul 2024

Analyzing the options chain and the chart patterns of ZION Zions Bancorporation prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

8 Agu 2024

Trading ditutup: target tercapai

ZION traded at $45.47 today, and the Puts went up from $0.80 (when I wrote this article) to $1.20 at the close today, for a decent 50% gain!