Analyzing the options chain and the chart patterns of CSIQ Canadian Solar prior to the earnings report this week, I would consider purchasing the 19usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $1.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
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CSIQ traded at $18.18 on friday, and the Puts went up from $1.05 (when I wrote this article) to $1.45 at the close, for about 40% gain!