If you haven`t bought LU here: Then analyzing the options chain and the chart patterns of LU Lufax Holding prior to the earnings report this week, I would consider purchasing the 1.00usd strike price in the money Calls with an expiration date of 2024-1-19, for a premium of approximately $0.45. If these options prove to be profitable prior to the earnings...
Looking at the LU Lufax Holding options chain ahead of earnings , i would buy the $2.5 strike price Calls with 2023-1-20 expiration date for about $0.20 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
For the China reopening thesis i think LU Lufax Holding is the one of the most undervalued stocks you can own right now! And i will tell you why! LU Lufax Holding has a ridiculous PE Ratio (TTM) of only 1.81! The Forward Dividend & Yield is 0.51 (21.79%)! Last year the stock was $18.30. It has lost most than 90% of its value, while the business is growing and...
Good spike + volume on Thursday. Looking for more upside.
Link to prior updates linked below.