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$AXP Bullish Call Spread at $3.75 Appears to be a Good Buy
Unusual Option Volume

AXP American Express Company224.89+7.39 (+3.4%)

American Express Company trades 23,908 contracts. The company has the following event: Investor Day on Apr 30, 2024. News: American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum

Bullish play with a target stock price of $235

Strategy has +267% upside potential and 31% undervalued

$AXP Earnings April 19 BMO. Options Imply ±5.1% Move. Shares gained +9.5% since the last report
Unusual Option Volume

AXP American Express Company220.98+3.31 (+1.5%)

American Express Company trades 17,883 contracts. AXP will report earnings on Apr 19, 2024. The company has the following event: Investor Day on Apr 30, 2024.
Has AXP been a good buy before earnings?