UAA Under Armour Options Ahead of Earnings

Analyzing the options chain and the chart patterns of UAA Under Armour prior to the earnings report this week,
I would consider purchasing the 7usd strike price Calls with
an expiration date of 2023-11-10,
for a premium of approximately $0.59.
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:

UAA traded at $8.00 after the earnings release. the calls were profitable for sure, but I haven`t monitored the options chain back then.