TopgOptions

GASS StealthGas Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:GASS   StealthGas, Inc.
If you haven`t bought the Double Bottom on GASS:

Then analyzing the options chain and the chart patterns of GASS StealthGas prior to the earnings report this week,
I would consider purchasing the 7.5usd strike price Puts with
an expiration date of 2024-3-15,
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.


Trade closed: target reached:
GASS traded at $6.25 after earnings, and the Puts went up from $0.60 (when I wrote this article) to $1.25 at the close on friday (higher intraday), for about 2X gain!

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