ZIM Integrated Shipping Services Options Ahead of Earnings

Updated
If you haven`t sold ZIM before the previous earnings:
ZIM Integrated Shipping Services Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of ZIM Integrated Shipping Service prior to the earnings report this week,
I would consider purchasing the 17.5usd strike price in the money Calls with
an expiration date of 2024-10-18,
for a premium of approximately $3.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
ZIM traded at $22.61 after earnings, and the Calls went up from $3.37 (when I wrote this article) to $6.20 at the close on friday (higher intraday), for a decent 65% gain!
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