If you haven`t bought UPWK ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of UPWK Upwork prior to the earnings report this week,
I would consider purchasing the 12.5usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Then analyzing the options chain and the chart patterns of UPWK Upwork prior to the earnings report this week,
I would consider purchasing the 12.5usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached:
UPWK traded at $15.45 after the earnings release, and the calls were certainly profitable. I haven't monitored the options chain back then.
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TRADING COURSE bit.ly/tradex
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RESULTS www.bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
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