Looking at the CAG Conagra Brands options chain ahead of earnings , i would buy the $38 strike price Calls with 2023-4-14 expiration date for about $0.57 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade closed: target reached
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CAG reached $38.92 after earnings. Calls went up about 2X at some point intraday.