Analyzing the options chain and the chart patterns of CALM Cal-Maine Foods prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $1.47. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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CALM traded at $64.76 after earnings, and the Calls went up from $1.47 (when I wrote this article) to $3.50 at the close on friday (a lot higher intraday), for a decent 2.38X gain!