HUMA Humacyte Options Ahead of Earnings

If you haven't sold HUMA before the previous earnings:

Then analyzing the options chain and the chart patterns of HUMA Humacyte prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade fermée: cible de profit atteinte:

HUMA traded at $7.02 after earnings, and the calls went up from $1.22 (when I wrote this article) to $2.50 at the close on friday (a lot higher during the week), for a decent 2X gain!