Then analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week, I would consider purchasing the 53usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $1.77. 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.
交易結束:目標達成
CSCO traded at $55.83 after earnings, and the calls went up from $1.77 (when I wrote this article) to $2.95 intraday, for a decent 70% gain!