Qifu Technology, Inc
Long
Updated

QFIN Qifu Technology Options Ahead of Earnings

190
Analyzing the options chain and the chart patterns of QFIN Qifu Technology prior to the earnings report this week,
I would consider purchasing the 15usd strike price in the money calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.52.
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
QFIN traded at $17.96 after earnings, and the calls went up from $1.52 (when I wrote this article) to $2.50 at the close today, for about 65% gain!

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