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Jun 12, 2023 12:19 PM

ATEX Anterix Options Ahead of Earnings Long

Anterix Inc.NASDAQ

Description

Analyzing the options chain of ATEX Anterix prior to the earnings report this week,
I would consider purchasing the 30usd strike price in the money Calls with
an expiration date of 2023-6-16,
for a premium of approximately $3.90.
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

ATEX trading at $36.09 after the earnings and the calls when from $3.90 to $6.25 intraday.
A decent 60% gain!
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