Analyzing the options chain of JBL Jabil prior to the earnings report this week, I would consider purchasing the 95usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $3.15. 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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JBL trading at $99.60 after earnings. Calls went from $3.15 when i wrote this article, to $6.00. A decent 90% gain. I`s an exit for me regardless of what the stock will do by the expiration date.