If you haven`t bought UPST before the previous earnings:
Then analyzing the options chain and the chart patterns of UPST Upstart Holdings prior to the earnings report this week, I would consider purchasing the 30usd strike price Puts with an expiration date of 2024-5-17, for a premium of approximately $5.37. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
交易結束:目標達成
UPST traded at $25.91 after earnings, and the Puts went up from $5.37 (when I wrote this article) to $7.20 at the friday close (a lot higher intraday), for about 35% gain!