Gilead Sciences, Inc.
Long
Updated

GILD Gilead Sciences Options Ahead of Earnings

253
Analyzing the options chain and the chart patterns of GILD Gilead Sciences prior to the earnings report this week,
I would consider purchasing the 89usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $2.91.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
GILD traded at $98.90 today, and the Calls went up from $2.91 (when I wrote this article) to $9.00 at the close of the day (a lot higher intraday), for a fantastic 3.09X gain!

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