Analyzing the options chain and the chart patterns of RBLX Roblox Corporation prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $4.20. 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
⋅
RBLX traded at $42.16 after the earnings release, and the calls were up at least 2X considering the big gain in the stock price and the implied volatility of the options!