CANO Cano Health was trading at all time low last friday, $0.22!
Last year, I remember that following numerous reports suggesting a potential bid, Citigroup analysts have stated that if Humana or CVS Health were to acquire the primary-care provider Cano Health, they might value it at $14 per share.
With $2.74 Billions in revenue in 2022, I think Cano Health is...
Analyzing the options chain and the chart patterns of CANO Health prior to the earnings report this week,
I would consider purchasing the 2.00usd strike price Calls with
an expiration date of 2024-1-19,
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.
Looking forward...