Analyzing the options chain and the chart patterns of WULF TeraWulf prior to the earnings report this week, I would consider purchasing the 3usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $0.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
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WULF traded at $2.60 after earnings, and the Calls went up from $0.60 (when I wrote this article) to $0.90 at the close on friday (higher intraday), for about 50% gain!