MOMO Hello Group Options Ahead Of Earnings

Looking at the MOMO Hello Group options chain ahead of earnings , i would buy the $5 strike price in the money Calls with
2023-1-20 expiration date for about
$0.98 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

Price target reached: MOMO was trading at $9.42 after earnings. The calls are trading at $4 now, from $0.98 at the time of writing this article.