Analyzing the options chain and the chart patterns of INTU Intuit prior to the earnings report this week, I would consider purchasing the 500usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $12.80. 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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INTU reached $508.55 today and the calls were in the money. Haven`t monitored the options, but they were profitable for sure at that point.