ASAN Asana Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t bought ASAN here:
ASAN Asana Options Ahead of Earnings


then Analyzing the options chain of ASAN Asana prior to the earnings report this week,
I would consider purchasing the $22.5 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $2.42
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.



Trade closed: target reached
ASAN trading intraday at $23.99, and the calls at the close were $4.20, up from $2.42 when I wrote this article.
That's a 75% increase!
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