Then analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week, I would consider purchasing the 16usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $1.02. 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
PATH traded at $18.12 after earnings, and the calls went up from $1.02 (when I wrote this article) to $2.20 at the close today (higher intraday), for about 115% gain!
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