Analyzing the options chain and the chart patterns of BRZE Braze prior to the earnings report this week,
I would consider purchasing the 50usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $5.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BRZE, another 0% debt company. Primed for growth, trading within a very consistent parallel channel.
Excellent buying opportunity once we reach the bottom of the channel.
Use proper risk management please.
Thanks!
Braze, Inc. is an American cloud-based software company based in New York City It is a customer engagement platform used by businesses for multichannel marketing.
Positive structure with elevated volume.
Analyzing the options chain and the chart patterns of BRZE Braze prior to the earnings report this week,
I would consider purchasing the 40usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $1.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
BRZE appears to have changed trend with a road map to $40 as it continues to build here eating through overhead supply , pausing after a nice run from 23 to 33 !
Started a long here and will add on confirmation of breakout .
