NVDA NVIDIA Corporation Options Ahead of Earnings

If you haven`t bought NVDA here:

Then Analyzing the options chain of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 360usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $31.75
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:

NVDA reached $394.80 after earnings, and those calls went from $31.75 to $86.10 for a 3.71X profit.
Most analysts upgraded the price target for NVDA to $500 today, but for me, it's an exit.
Congrats to all who took the call!