CSIQ Canadian Solar Options Ahead of Earnings

Analyzing the options chain and the chart patterns of CSIQ Canadian Solar prior to the earnings report this week,
I would consider purchasing the 19usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $1.05.
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:

CSIQ traded at $18.18 on friday, and the Puts went up from $1.05 (when I wrote this article) to $1.45 at the close, for about 40% gain!