JD Options Ahead of Earnings

If you haven`t sold JD before the previous earnings:

Then analyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $1.29.
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:

JD traded at $35.69 after earnings, on Friday, and the calls went up from $1.29 (when I wrote this article) to $2.16 at the close of the day (even higher intraday), for a gain of about 75%!