Gaotu Techedu Inc.
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GOTU Gaotu Techedu Options Ahead of Earnings

If you haven`t bought GOTU before the previous earnings:
GOTU Gaotu Techedu Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of GOTU Gaotu Techedu prior to the earnings report this week,
I would consider purchasing the 9usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $1.12.
The chart looks bearish, but my bet is on a China recovery this year!

If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


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