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TopgOptions
Nov 19, 2023 2:05 PM

IQ iQIYI Options Ahead of Earnings Long

iQIYI, Inc.NASDAQ

Description

If you haven`t sold IQ ahead of the previous earnings:


Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.51.
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.



Comments
MyCryptoParadise_Nathan
I can't express how thankful I am for your insightful posts.
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