ERIC Ericsson Options Ahead of Earnings

Analyzing the options chain of ERIC Telefonaktiebolaget LM Ericsson prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.60.
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.

Trade chiuso: obiettivo raggiunto:

ERIC reached $5.75 one day before earnings, for a partial exit.