Now looking at the C Citigroup options chain ahead of earnings , I would buy the $52.5 strike price Calls with 2023-9-15 expiration date for about $1.28 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 closed manually
C reached $49.89 after earnings. Calls trading at $2.15 at the close, from $1.28, when i wrote this article. A 90% gain, but much higher intraday!
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