CVNA Carvana Options Ahead of Earnings

If you haven`t bought CVNA here:

Then analyzing the options chain and the chart patterns of CVNA Carvana prior to the earnings report this week,
I would consider purchasing the 25usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $3.95.
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:

CVNA traded at $35 after earnings, and the Calls went up from $3.95 (when I wrote this article) to $7.80 at the close today (a lot higher intraday), for about 2X gain!