TradingView
TopgOptions
Aug 20, 2023 12:33 PM

GRAB Holdings Options Ahead of Earnings Long

Grab Holdings LimitedNASDAQ

Description

If you haven`t bought GRAB ahead of the previous earnings:


Then analyzing the options chain and the chart patterns of GRAB Holdings prior to the earnings report this week,
I would consider purchasing the 3usd strike price in the money calls with
an expiration date of 2023-10-20,
for a premium of approximately $0.45.
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

GRAB traded at $3.755 after earnings, and the Calls went up from $0.45 (when I wrote this article) to $0.80 at the close today, for about 80% gain!
More