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Aug 8, 2023 2:33 AM

GLNG Golar LNG Limited Options Ahead of Earnings Long

Golar LNG LimitedNASDAQ

Description

Analyzing the options chain and the chart patterns of GLNG Golar LNG Limited prior to the earnings report this week,
I would consider purchasing the $22.50 strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.12.
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

GLNG reached $25.06 after earnings, haven`t monitored the options, but the calls should be up more than 50% at that point.
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