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Sep 9, 2023 11:51 AM

CPRT Copart Options Ahead of Earnings Long

Copart, Inc.NASDAQ

Description

A small leg up before the Head and Shoulders bearish Chart Pattern gets completed.

Analyzing the options chain and the chart patterns of CPRT Copart prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.72.
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.
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