PM Philip Morris International Options Ahead of Earnings

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If you haven`t sold PM before the previous earnings:

Now analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week,
I would consider purchasing the 109usd strike price Calls with
an expiration date of 2024-7-26,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

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أغلقت الصفقة: تم الوصول للهدف

PM traded at $113.25 at the close on the expiration day. This means the calls went from $1.22 when i wrote this article, to $4.25 at the close (even higher intraday), resulting in a fantastic gain of 3.48X!