PANW Palo Alto Networks Options Ahead of Earnings

If you haven`t bought PANW`s Double Bottom here:

or before the earnings here:

Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $7.65.
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:

PANW traded at $246.30 after earnings, and the calls went up from $7.65 (when I wrote this article) to $15.30 at the close today (a lot higher intraday), for decent 2X gain!
Congrats to those who bought the calls!