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TopgOptions
Dec 3, 2023 12:26 PM

CHPT ChargePoint massive falling wedge ahead of earnings Long

ChargePoint Holdings, Inc.NYSE

Description

Analyzing the options chain and the chart patterns of CHPT ChargePoint prior to the earnings report this week,
I would consider purchasing the 2usd strike price at the money Calls with
an expiration date of 2023-12-15,
for a premium of approximately $0.24.
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.




Comments
PhilippeDelpCFA
yep i did the same but with a strike of 1,5 and exp 29/12 premium 0,49 , bought them when the shares were at 1,80 ish so basically it is like owning the share but leverage for free and limit the downside risk if any horror happens but i doubt it

should be going up as investors wait to be guioded and reassured the company knows what it is doing

the beat dow is over i think
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