HUMA Humacyte Options Ahead of Earnings

Analyzing the options chain and the chart patterns of HUMA Humacyte prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Puts with
an expiration date of 2024-4-19,
for a premium of approximately $1.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Сделка закрыта: достигнута тейк-профит цена:

HUMA traded at $3.06 today, after earnings, and the Puts went up from $1.55 (when I wrote this article) to $2.15 at the close today (higher intraday), for about 35% gain!