Analyzing the options chain and the chart patterns of RUN Sunrun prior to the earnings report this week, I would consider purchasing the 17.50usd strike price In the money Calls with an expiration date of 2023-9-15, for a premium of approximately $2.51. 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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RUN traded at $22.16 after earnings, and the calls went up from $2.51 (when I wrote this article) to about $5.50, for a decent 120% gain!