If you haven`t bought GE ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of GE General Electric prior to the earnings report this week, I would consider purchasing the 105usd strike price in the money Calls with an expiration date of 2023-11-17, for a premium of approximately $5.20. 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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GE traded at $114.88 after earnings, and the calls went up from $5.20 (when I wrote this article) to $9.90 at the close today (a lot higher intraday), for about 90% gain!