If you haven`t bought PSFE before the previous earnings:
Then analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $1.42. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
PSFE traded at $18.48 after earnings, at expiration, and the Calls went up from $1.42 (when I wrote this article) to $3.17 at the close of the day (even higher intraday), for a decent 2.23X gain!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.