Mitek Systems, Inc.
Long
Updated

MITK Mitek Systems Options Ahead of Earnings

254
Analyzing the options chain and the chart patterns of MITK Mitek Systems prior to the earnings report this week,
I would consider purchasing the 12.50usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $0.48.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed manually
MITK traded at $11.49 today and the Calls went up from $0.48 (when I wrote this article) to $1.20 at the close today, for a decent 2.5X gain!

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