ANF Abercrombie & Fitch Options Ahead of Earnings

If you haven`t bought ANF here, when the calls went up 5X:

Then analyzing the options chain and the chart patterns of ANF Abercrombie & Fitch prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $5.70.
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:

ANF traded at $51.90 after earnings, and the Calls went up from $5.70 (when I wrote this article) to $10.40 at the close today (a lot higher intraday), for about 90% gain!