Long

SGH SMART Global Holdings Options Ahead of Earnings

Updated
Analyzing the options chain of SGH SMART Global Holdings prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.40.
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
SGH reached $29.99 after the earnings, Calls trading at $1.90.
I think there is still some upside potential until the expiration date.
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