Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week, I would consider purchasing the 66usd strike price Puts with an expiration date of 2023-8-25, for a premium of approximately $3.45. 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
ZM traded at $63.61 after earnings. I haven`t monitored the options, but at that level the puts were for sure profitable.
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