Analyzing the options chain of ERIC Telefonaktiebolaget LM Ericsson prior to the earnings report this week, I would consider purchasing the 5usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $0.60. 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
⋅
ERIC reached $5.75 one day before earnings, for a partial exit.