F Ford Motor Options Ahead of Earnings

Ford follows Tesla’s example and cuts price on Mustang Mach-E from as little as $600 to as large as $6,000. Most notable are the cuts to the Premium eAWD Standard range model, which takes it to $53,999 from $57,676.

Looking at the F Ford Motor options chain ahead of earnings , I would buy the $13.5 strike price Calls with
2023-2-3 expiration date for about
$0.21 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.

Looking forward to read your opinion about it.

Trade stängt: målet nått:

F Ford trading at $13.57 intraday. Calls went to $0.43 from $0.21! A decent 2X gain! :)