CL Colgate-Palmolive Company Options Ahead of Earnings

Jul 22, 2024

If you haven`t bought CL before the breakout:

Now analyzing the options chain and the chart patterns of Options Ahead of Earnings prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Jul 31, 2024

Trade closed: target reached

CL traded at $100.75 today, after earnings, and the Calls went up from $3.45 (when I wrote this article) to $3.80 at the close today, for a modest 10% so far.