TNP Tsakos Energy Navigation Options Ahead of Earnings
Updated
Analyzing the options chain and the chart patterns of TNP Tsakos Energy Navigation prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
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.
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
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
TNP traded at $18.10 after earnings, and the Puts went up from $0.87 (when I wrote this article) to $2.00 intraday, for a decent 2.30X gain!
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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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