Asana, Inc.
Long
Updated

ASAN Asana Options Ahead of Earnings

522
If you haven`t bought ASAN before the previous spike:
ASAN Asana Options Ahead of Earnings


Now analyzing the options chain and the chart patterns of ASAN Asana prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $1.52.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
ASAN traded at $26.10 today, after earnings, and the Calls went up from $1.52 (when I wrote this article) to $8.70 at the close of the day, for a Fantastic 5.72X gain (a lot higher intraday)!
Congrats to those who bought the calls!

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