ASAN Asana Options Ahead of Earnings

٥ مارس ٢٠٢٣

Looking at the ASAN Asana options chain ahead of earnings , I would buy the $17.5 strike price Calls with
2023-3-17 expiration date for about
$1.30 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.

٩ مارس ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

ASAN traded at $22.95 today, after the earnings. Calls trading at $5.00 from $1.30 when i wrote the article. A decent 380% gain!