Looking at the NOTV Inotiv options chain ahead of earnings , I would buy the $5 strike price at the money Puts with
2023-1-20 expiration date for about
$0.52 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.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.
Set stop lose $4.60
entry 4.80
exit 1 $6
exit 2 $12
NOTV Getting closer to another breakout
Last year in January it had a 9 month long base and breakout produced a explosive 380% move
Price above 200 DMA
Log Chart