TopgOptions

DOCS Doximity Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:DOCS   Doximity, Inc.
If you haven`t bought DOCS before the previous earnings:

Then analyzing the options chain and the chart patterns of DOCS Doximity prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $1.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached:
DOCS traded at $29.00 after earnings, on Friday, and the Calls went up from $1.15 (when I wrote this article) to $3.60 at the close of the day (even higher intraday), for a fantastic 3.10X gain!
Congrats to those who bought the calls!

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