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Aug 12, 2023 11:25 AM

SE Sea Limited Options Ahead of Earnings Long

Sea LimitedNYSE

Description

If you haven`t sold SE here:


Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.45.
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.

Comments
ARISEEE
As someone who doesn’t understand options, why would I sell half and is that a long term bullish situation or just medium-short?
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