LW Lamb Weston Holdings Options Ahead of Earnings

Sep 29

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

Now analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Oct 10

Trade closed: target reached

LW traded at $71.72 today and the Calls went up from $5.15 (when I wrote this article) to $6.30 at the close of the day, for a modest 22% gain so far!