Analyzing the options chain of MS Morgan Stanley prior to the earnings report this week, I would consider purchasing the 90usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $0.82. 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
⋅
MS reached $93.86 after earnings and the calls went from $0.82, when I wrote this article, to $3.90, for a beautiful 4.75X gain! Congrats to those who held the calls!