LI Auto Options Ahead of Earnings

If you haven`t sold the Top on LI:

or ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of LI Auto prior to the earnings report this week,
I would consider purchasing the 38usd strike price in the money Calls with
an expiration date of 2023-11-24,
for a premium of approximately $2.93.
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 stängt: målet nått:

LI traded at $42.31 after earnings, and the calls went up at least 50%, considering such a gain in the stock price, but I haven`t monitored the options chain back then.