CNXC Concentrix Corporation Options Ahead of Earnings

24. Sept. 2023

Analyzing the options chain and the chart patterns of CNXC Concentrix Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-04-19,
for a premium of approximately $8.90.
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.

3. Okt. 2023

Trade geschlossen: Ziel wurde erreicht

CNXC traded at $81.24 today, after earnings, and the Calls went up from $8.90 (when I wrote this article) to $13.10 intraday, for about 50% gain!