Analyzing the options chain and the chart patterns of VSAT Viasat prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $5.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
Keep an eye on this stock as following confirmation of an Adam & Eve Double Bottom pattern we could be looking at a target around 85 with a stop loss around 52.
Signals:
1-double bottoms on the chart
2-flag with breakout
3-oncoming breakout of 75.00 resistance
Buy the breakout 75.00-75.50
Stop-loss 71.99 (-1 tic of flag's low)
Targets according to sizing method:
1- 81.00 (r\r ratio 1:2)
2-88.00 (r\r ratio 1:4)