Analyzing the options chain and the chart patterns of FSLR First Solar prior to the earnings report this week, I would consider purchasing the 143usd strike price Puts with an expiration date of 2023-11-3, for a premium of approximately $6.95. 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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FSLR reached $132.70 this week and the Puts were for sure profitable back then, but I haven`t monitored the options chain.