Analyzing the options chain and the chart patterns of CMCSA Comcast Corporation prior to the earnings report this week, I would consider purchasing the $45 strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $0.47. 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
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CMCSA traded at $46.44 after earnings, and the calls are up from $0.47 (when I wrote this article) to $1.10 at the close today (even higher intraday), for a decent 135% gain!