Analyzing the options chain and the chart patterns of MOS The Mosaic Company prior to the earnings report this week, I would consider purchasing the $40.50 strike price Calls with an expiration date of 2023-8-4, for a premium of approximately $1.10. 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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MOS traded at $41.78 after earnings, and the calls were slightly profitable at some point.