GASS StealthGas Options Ahead of Earnings
Updated
If you haven`t bought the Double Bottom on GASS:
Then analyzing the options chain and the chart patterns of GASS StealthGas prior to the earnings report this week,
I would consider purchasing the 7.5usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Then analyzing the options chain and the chart patterns of GASS StealthGas prior to the earnings report this week,
I would consider purchasing the 7.5usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
GASS traded at $6.25 after earnings, and the Puts went up from $0.60 (when I wrote this article) to $1.25 at the close on friday (higher intraday), for about 2X gain!
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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