Analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.35. 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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PSFE traded at $15.08 after earnings, and the calls went up from $0.35 (when I wrote this article) to $1.07 at the close today (a lot higher intraday), for an amazing 3.05X gain! Congrats to those who bought the calls!