CASY Casey's General Stores Options Ahead of Earnings

9 set 2023

Analyzing the options chain and the chart patterns of CASY Casey's General Stores prior to the earnings report this week,
I would consider purchasing the 260usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $2.02.
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.

16 set 2023

Trade chiuso: obiettivo raggiunto

CASY traded at $282.00 after earnings, and the Calls went up from $2.02 (when I wrote this article) to $21.80 at the close today (a lot higher intraday), for an Amazing 10.80X gain!
Congrats to those who bought the calls!!