LOW Lowe's Companies Options Ahead of Earnings

If you haven`t bought the dip here:

Then analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $11.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

LOW traded at $242.16 after earnings, and the calls went up from $11.15 (when I wrote this article) to $14.75 at the close yesterday (higher intraday), for about 35% gain!