Analyzing the options chain and the chart patterns of EXPE Expedia Group prior to the earnings report this week, I would consider purchasing the 120usd strike price at the money Calls with an expiration date of 2023-8-18, for a premium of approximately $5.70. 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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EXPE traded at $122.56 ahead of earnings. I haven`t monitored the options.