SE Sea Limited Options Ahead of Earnings

If you haven`t bought SE before the previous earnings:

Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $5.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Transakcja zamknięta: osiągnięto wyznaczony cel:

SE traded at $74.33 after earnings, on friday, and the calls went up from $5.45 (when I wrote this article) to $9.95 at the close of the day (even higher intraday), for about 80% gain!