JNJ Johnson & Johnson Options Ahead of Earnings

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Analyzing the options chain of JNJ Johnson & Johnson prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $3.85.
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.

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أغلقت الصفقة: تم الوصول للهدف

JNJ reached $169.14 after earnings, and the calls went from $3.85 (when I wrote this article) to $10.30, resulting in a beautiful 2.67X gain!
Congrats to those who held the calls!