TopgOptions

IOT Samsara Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:IOT   Samsara Inc.
If you haven`t sold IOT before the previous earnings:

Then analyzing the options chain and the chart patterns of IOT Samsara prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached:
IOT traded at $40.54 after earnings, and the Calls went up from $2.75 (when I wrote this article) to $3.60 at the close yesterday (a lot higher intraday), for about 30% gain!

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