BKNG Booking Holdings Options Ahead of Earnings

Analyzing the options chain and the chart patterns of BKNG Booking Holdings prior to the earnings report this week,
I would consider purchasing the 2915usd strike price Calls with
an expiration date of 2023-11-10,
for a premium of approximately $20.95.
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:

BKNG traded at $3082 after earnings, and the Calls went up from $20.95 (when I wrote this article) to $167 at expiration, for a fantastic 8X gain!
Congrats to those who bought the calls!