Analyzing the options chain of KR The Kroger prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $2.04. 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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KR trading at $47.52 ahead of earnings. Price target reached. Haven`t monitored the options, but i suppose they were up about 40% at some point.