ZM Zoom Video Communications Options Ahead of Earnings

Aug 18, 2024

If you haven`t sold ZM before the correction:

Now analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $5.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Aug 25, 2024

Trade closed: target reached

ZM traded at $70.86 on friday, after earnings, and the Calls went up from $5.10 (when I wrote this article) to $9.95 at the close of the day, for a decent 95% gain!