IQ iQIYI Options Ahead of Earnings
Updated
If you haven`t bought the speculative Double Top here:
Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5.50usd strike price in the money Puts with
an expiration date of 2023-9-29,
for a premium of approximately $0.60.
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.
Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5.50usd strike price in the money Puts with
an expiration date of 2023-9-29,
for a premium of approximately $0.60.
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
IQ traded at $4.48 after earnings, and the Puts went up from $0.60 (when I wrote this article) to $0.89 at the close today (higher intraday), for about 50% gain!
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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