Analyzing the options chain and the chart patterns of GLNG Golar LNG Limited prior to the earnings report this week,
I would consider purchasing the $22.50 strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
Purely technical analysis based buy-point here. We can see a clear demand zone between 21-22 USD. Unfortunately, the weekly 20EMA was just backtested and got rejected, which ultimately led to declining price action.
As all the signs are not there to be 100% sure about the trade, I set the stop level at 21 USD, which reduces the risk of this trade going...