Then analyzing the options chain and the chart patterns of DOCU DocuSign prior to the earnings report this week, I would consider purchasing the 3.10usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $3.10. 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 active
Errors in the text: Expiration Date is 2023-9-22 instead of 2023-9-15 Strike Price is $52 instead of $3.10.
Trade closed: target reached
DOCU reached $53.30 after earnings, and went down before the market close on the same day. I haven`t monitored the options, but at that peak they were for sure profitable.
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