NVDA NVIDIA Corporation Options Ahead of Earnings

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

Then analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 710usd strike price Calls with
an expiration date of 2024-2-23,
for a premium of approximately $48.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

NVDA traded at $823.94 after earnings, and the Calls went up from $48.65 (when I wrote this article) to $78.17 at expiration (a lot higher intraday), for more than 60% gain!