CCJ Cameco Corporation Options Ahead of Earnings

30 de jul. de 2023

Analyzing the options chain and the chart patterns of CCJ Cameco Corporation prior to the earnings report this week,
I would consider purchasing the 34usd strike price Calls with
an expiration date of 2023-8-4,
for a premium of approximately $0.95.
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.

2 de ago. de 2023

Trade fechado: objetivo atingido

CCJ traded at $35.23 ahead of earnings, and the calls went up from $0.95 (when I wrote this article) to about $1.40 for a partial exit on a 55% gain!