Analyzing the options chain and the chart patterns of MTN Vail Resorts prior to the earnings report this week, I would consider purchasing the 240usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $9.05. 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.
Trade closed: target reached
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MTN traded at $212.00 today, after earnings, and the Puts went up from $9.05 (when I wrote this article) to $32.30 intraday, for about 3.55X gain!