HOOD Robinhood Markets Options Ahead of Earnings

If you haven`t bought the dip on HOOD here:

Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week,
I would consider purchasing the 12usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $1.88.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade chiuso: obiettivo raggiunto:

HOOD traded at $14.35 after earnings, and the Calls went up from $1.88 (when I wrote this article) to $3.40 at the close on friday (a lot higher intraday), for about 80% gain!