Pacific Gas & Electric Co.
Long
Updated

PCG PG&E Corporation Options Ahead of Earnings

266
Analyzing the options chain and the chart patterns of PCG PG&E Corporation prior to the earnings report this week,
I would consider purchasing the 18usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
PCG traded at $18.42 today, after earnings, and the Calls went up from $0.40 (when I wrote this article) to $0.45 at the close today, for a modest 11% so far.

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