U Unity Software Options Ahead of Earnings

TopgOptions Updated   
BATS:U   Unity Software Inc.
Analyzing the options chain and the chart patterns of U Unity Software prior to the earnings report this week,
I would consider purchasing the 27usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $4.65.
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 active:
U traded at $30.33 after earnings, and the calls went up from $4.65 (when I wrote this article) to $5.85 at the close today (a lot higher intraday), for more than 25% gain!
The trade is still active. I consider Unity to be one of the best stocks for 2024!


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