AEHR Aehr Test Systems Options Ahead of Earnings

If you haven`t bought AEHR here:

Then analyzing the options chain and the chart patterns of AEHR Aehr Test Systems prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $4.00.
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.

Transakcja zamknięta: osiągnięto wyznaczony cel:

AEHR traded at $31.50 after earnings, and the Puts went up from $4 (when I wrote this article) to $13.40 at the close today, for a fantastic 3.35X gain!