EXPE Expedia Group Options Ahead of Earnings

Analyzing the options chain and the chart patterns of EXPE Expedia Group prior to the earnings report this week,
I would consider purchasing the 120usd strike price at the money Calls with
an expiration date of 2023-8-18,
for a premium of approximately $5.70.
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:

EXPE traded at $122.56 ahead of earnings. I haven`t monitored the options.