UBER Technologies Options Ahead of Earnings

If you haven`t sold UBER here:

or bought the dip here:

Then analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $1.84.
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.

Trade fermée: cible de profit atteinte:

UBER traded at $55.31 after earnings, and the Calls went up from $1.84 (when I wrote this article) to $5.45 at the close today (even higher intraday), for an impressive 2.95X gain!
Congrats to those who bought the calls!