PSFE Paysafe Limited Options Ahead of Earnings

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

Then analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $1.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

PSFE traded at $18.48 after earnings, at expiration, and the Calls went up from $1.42 (when I wrote this article) to $3.17 at the close of the day (even higher intraday), for a decent 2.23X gain!