Looking at the MOMO Hello Group options chain ahead of earnings , i would buy the $5 strike price in the money Calls with 2023-1-20 expiration date for about $0.98 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade fechado: objetivo atingido
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Price target reached: MOMO was trading at $9.42 after earnings. The calls are trading at $4 now, from $0.98 at the time of writing this article.