RUN Sunrun Options Ahead of Earnings

Analyzing the options chain and the chart patterns of RUN Sunrun prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price In the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.51.
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:

RUN traded at $22.16 after earnings, and the calls went up from $2.51 (when I wrote this article) to about $5.50, for a decent 120% gain!