SIGA Technologies Options Ahead of Earnings

Analyzing the options chain and the chart patterns of SIGA Technologies prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade stängt: målet nått:

SIGA traded at 52 week high last friday, reaching $7.36 after earnings.
The Calls went up from $0.50 (when I wrote this article) to more than $2.50, for a fantastic 5X gain!!
Congrats to those who bought the calls!!!