INTU Intuit Options Ahead of Earnings

Analyzing the options chain and the chart patterns of INTU Intuit prior to the earnings report this week,
I would consider purchasing the 500usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $12.80.
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:

INTU reached $508.55 today and the calls were in the money. Haven`t monitored the options, but they were profitable for sure at that point.