OCGN Ocugen Options Ahead of Earnings

Updated
If you haven`t bought OCGN when they released their Covid vaccine:
OCGN Ocugen new Covid-19 Vaccine and Price Target


Then analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
OCGN traded at $2.02 after earnings, at expiration, and the Calls went up from $0.22 (when I wrote this article) to $0.41 at the close of the day (even higher intraday), for a decent 85% gain!
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