INVZ Innoviz Technologies Options Ahead of Earnings

By TopgOptions
Updated
Analyzing the options chain and the chart patterns of INVZ Innoviz Technologies prior to the earnings report this week,
I would consider purchasing the $3.50 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.35.
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
INVZ traded at $4.17 after earnings, and the calls went up from $0.35 (when I wrote this article) to $0.95, for a beautiful 2.70X gain!
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