TopgOptions

CALM Cal-Maine Foods Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:CALM   Cal-Maine Foods, Inc.
If you haven`t sold CALM here:

Then analyzing the options chain and the chart patterns of CALM Cal-Maine Foods prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $1.35.
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:
CALM traded at $42.50 after the earnings and the puts went up at least 2X at that time, for sure, but I haven`t monitored the options back then.

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