GOLD Barrick Gold Corporation Options Ahead of Earnings

If you haven`t bought GOLD prior to the Double Top:

Then analyzing the options chain and the chart patterns of GOLD Barrick Gold Corporation prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.96.
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:

GOLD traded at $16.91 after earnings, and the calls went up from $0.96 (when I wrote this article), to $1.18 intraday, for more than 20% gain so far!