DOCU DocuSign Options Ahead of Earnings

By TopgOptions
Updated
If you haven`t sold DOCU here:
DOCU price prediction

or here:
DOCU DocuSign Options Ahead Of Earnings


Then analyzing the options chain and the chart patterns of DOCU DocuSign prior to the earnings report this week,
I would consider purchasing the 3.10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade active
Errors in the text:
Expiration Date is 2023-9-22 instead of 2023-9-15
Strike Price is $52 instead of $3.10.
Trade closed: target reached
DOCU reached $53.30 after earnings, and went down before the market close on the same day. I haven`t monitored the options, but at that peak they were for sure profitable.
CALLcallsDOCUdocusigndocustockFundamental AnalysisTechnical IndicatorsoptionputTrend Analysis
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