AMZN Amazon Options Ahead of Earnings

If you haven`t bought AMZN before the previous earnings:

Then analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 175usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $12.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade geschlossen: Ziel wurde erreicht:

AMZN traded at $188.74 today, after earnings, and the Calls went up from $12.95 (when I wrote this article) to $16.50 at the close today, for about 30% gain!