CHK Chesapeake Energy Corporation Options Ahead of Earnings

If you haven`t bought CHK here:

Then analyzing the options chain and the chart patterns of CHK Chesapeake Energy Corporation prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $2.20.
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:

CHK trading at $86.74 after earnings, price target reached. Haven`t monitored the options.