AQN Algonquin Power & Utilities Corp Options Ahead of Earnings

TopgOptions Updated   
NYSE:AQN   Algonquin Power & Utilities Corp.
Analyzing the options chain and the chart patterns of AQN Algonquin Power & Utilities Corp prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Puts with
an expiration date of 2023-8-18,
for a premium of approximately $1.77.
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:
AQN traded at $7.45 after earnings, and the calls went up from $1.77 (when I wrote this article) to $2.75 intraday, for about 55% gain!


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