GOTU Gaotu Techedu Options Ahead of Earnings

١٨ مايو

If you haven`t bought GOTU before the previous earnings:

Then analyzing the options chain and the chart patterns of GOTU Gaotu Techedu prior to the earnings report this week,
I would consider purchasing the 9usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $1.12.
The chart looks bearish, but my bet is on a China recovery this year!

If these options prove to be profitable prior to the earnings release, I would sell at least half of them.