GE General Electric Company Options Ahead of Earnings

21 באוק׳ 2023

If you haven`t bought GE ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of GE General Electric prior to the earnings report this week,
I would consider purchasing the 105usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $5.20.
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.

24 באוק׳ 2023

עסקה סגורה: היעד הושג

GE traded at $114.88 after earnings, and the calls went up from $5.20 (when I wrote this article) to $9.90 at the close today (a lot higher intraday), for about 90% gain!