Analyzing the options chain and the chart patterns of CUK Carnival Corporation prior to the earnings report this week, I would consider purchasing the 10usd strike price in the money Calls with an expiration date of 2023-10-20, for a premium of approximately $2.60. 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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CUK reached $13.53 after earnings. I haven`t monitored the options, but they were for sure profitable at that point.