PEP PepsiCo Options Ahead of Earnings

If you haven`t bought the dip on PEP:

Then analyzing the options chain and the chart patterns of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 175usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $4.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

PEP reached $180.60. The calls were definitely profitable, but I didn't monitor the options back then.