PLSE Pulse Biosciences Options Ahead of Earnings

Analyzing the options chain and the chart patterns of PLSE Pulse Biosciences prior to the earnings report this week,
I would consider purchasing the 10usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $2.07.
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:

PLSE traded at $6.71 after earnings, and the Puts went up from $2.07 (when I wrote this article) to $3.80 on friday, for about 85% gain! The spread was wide though.