SPOT Spotify Technology Options Ahead of Earnings

If you haven`t bought SPOT inside the Buy Area:

Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 220usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $18.90.
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:

SPOT traded at $242.21 after earnings, and the calls went up from $18.19 (when I wrote this article) to $28.85 at the close today (a lot higher intraday), for about 60% gain!

Trade fermée manuellement:

SPOT calls trading at $82.70 now, up 4.37X!
Congrats to those who bought the calls!