then Analyzing the options chain of ZS Zscaler prior to the earnings report this week, I would consider purchasing the 130usd strike price at the money Calls with an expiration date of 2023-6-9, for a premium of approximately $7.60 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
ZS reached $137.59 ahead of earnings. In my opinion, there is no need to keep the position open when you've already doubled your money before the earnings release!
Trade closed: target reached
ZS reached $147.58 after earnings and those calls went up 2.5X intraday.
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