TMC the metals company Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t bought TMC before the spike:
TMC The Metals Company Reporting Next Week


Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week,
I would consider purchasing the 1usd strike price at the money long term Calls with
an expiration date of 2026-1-16,
for a premium of approximately $0.50.
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
TMC traded at 1.20 after the earnings release and the calls went up from $0.50 to $0.95 at some point, even though the spread is quite high.
I think it`s still a hold, TMC the metals company has more than 2X upside potential in my opinion.
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