CAG Conagra Brands Options Ahead Of Earnings

Looking at the CAG Conagra Brands options chain ahead of earnings , i would buy the $38 strike price Calls with
2023-4-14 expiration date for about
$0.57 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.

Trade fermée: cible de profit atteinte:

CAG reached $38.92 after earnings. Calls went up about 2X at some point intraday.