PDD Holdings Options Ahead of Earnings

If you haven`t bought PDD before the previous earnings:

Then analyzing the options chain and the chart patterns of PDD Holdings prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $10.75.
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:

PDD traded at $148.15after earnings. The calls were profitable, but I hadn't mentioned the options chain back then.