ONON On Holding AG Options Ahead of Earnings

12 thg 8, 2023

Analyzing the options chain and the chart patterns of ONON On Holding AG prior to the earnings report this week,
I would consider purchasing the 35usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $2.42.
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.

16 thg 8, 2023

Đóng lệnh: đạt mục tiêu

ONON traded at $28.55 after earnings, and the Puts went up from $2.42 (when I wrote this article) to $5.30 at the close today (a lot higher intraday), for a decent 120% gain!