If you haven`t bought AEHR before the rally: nor sold the Double Top:
Then analyzing the options chain and the chart patterns of AEHR Test Systems prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $0.98. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade fechado: objetivo atingido
AEHR trading at $16.28. Those calls are up more than 2X! Still bullish in the chain!
Trade fechado: objetivo atingido
AEHR reached $21.44 after the earnings and the $15 strike price calls skyrocketed more than 6X!
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