TNP Tsakos Energy Navigation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TNP Tsakos Energy Navigation prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
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.
TNP
TNP is going for the all time highThe business has very nice fundamentals in the very easy-to-understand industry, retail stores. The graph looks pretty decent with room for the upside. All-time high resistance breaking can always be full of surprises. I'm bullish on this stock for a good long term trade.