RPD Rapid7 Options Ahead of Earnings

2023年5月9日

Analyzing the options chain of W Wayfair prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2023-5-19,
for a premium of approximately $3.65.
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.

2023年5月31日

交易結束：目標達成

RPD reached the price target eventually, but unfortunately, it was too late. It was trading at $50.60 this week.
In my opinion, it's a lesson to choose longer expiration dates.