BX Blackstone Options Ahead of Earnings

Oct 15, 2024

If you haven`t bought BX before the previous earnings:

Now analyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $13.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Oct 22, 2024

Trade closed: target reached

BX traded at $174.16 after earnings, and the Calls went up from $13.90 (when I wrote this article) to $24.00 at the close of the day, for about 70% gain!