SIGA Technologies Options Ahead of Earnings

TopgOptions Updated   
BATS:SIGA   SIGA Technologies Inc.
Analyzing the options chain and the chart patterns of SIGA Technologies prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade closed: target reached:
SIGA traded at 52 week high last friday, reaching $7.36 after earnings.
The Calls went up from $0.50 (when I wrote this article) to more than $2.50, for a fantastic 5X gain!!
Congrats to those who bought the calls!!!


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.