UNFI United Natural Foods Options Ahead of Earnings

Updated
Analyzing the options chain and the chart patterns of UNFI United Natural Foods prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
UNFI traded at $20.11 today and the Calls went up from $1.25 (when I wrote this article) to $2.75 at the close of the day, for a decent 2.2X gain!
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