ABT Abbott Laboratories Options Ahead of Earnings

٢٣ يناير

If you haven`t sold the regional top on ABT:

Nor reentered this fantastic dip:

Then analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week,
I would consider purchasing the 115usd strike price at the money Calls with
an expiration date of 2024-2-16,
for a premium of approximately $2.26.
The chart is overextended and the RSI overbought, but I think there is one more leg to go before a correction.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.