EGAN eGain Corporation Options Ahead of Earnings

Analyzing the options chain and the chart patterns of EGAN eGain Corporation prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.30.
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 geschlossen: Ziel wurde erreicht:

EGAN reached $7.05 at its peak on the expiration day, after the earnings!
The calls went up about 60% intraday.