IQ iQIYI Options Ahead of Earnings

By TopgOptions
If you haven`t sold IQ ahead of the previous earnings:
IQ iQIYI Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.51.
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.



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