ANF Abercrombie & Fitch Options Ahead of Earnings

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Analyzing the options chain of ANF Abercrombie & Fitch prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2023-5-26,
for a premium of approximately $1.55
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

٢٤ مايو ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

ANF Abercrombie & Fitch is trading at $30.29 today after the earnings release, with calls reaching $7.70 from $1.55 when I wrote this article, resulting in a 5X gain.
Congrats to all who took this call!