PYPL PayPal Holdings Options Ahead of Earnings

Updated
If you haven`t sold when ARK did:
PYPL ARK Invest sold PYPL ahead of Earnings

or when the CFO left for WMT:
PYPL CFO leaves for Walmart

or reentered this dip:
PYPL Buy Opportunity


Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week,
I would consider purchasing the 73usd strike price at the money Calls with
an expiration date of 2023-8-25,
for a premium of approximately $4.35.
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 active
I wrote CAT Caterpillar instead of PYPL Paypal in the article, by mistake.
Trade closed: target reached
PYPL traded at $76.55 ahead of earnings, and the calls went up from $4.35 (when I wrote this article) to more than $6.50 for a partial exit on a 50% gain!
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