ENVX Enovix Corporation Options Ahead of Earnings

Updated
Analyzing the options chain and the chart patterns of ENVX Enovix Corporation prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.55.
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 closed: target reached
ENVX reached $23.90 after earnings and the calls almost doubled in price at the peak.
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