TopgOptions

DOCU DocuSign Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:DOCU   DocuSign, Inc.
If you haven`t sold DOCU here:
or here:

Then analyzing the options chain and the chart patterns of DOCU DocuSign prior to the earnings report this week,
I would consider purchasing the 3.10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $3.10.
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 active:
Errors in the text:
Expiration Date is 2023-9-22 instead of 2023-9-15
Strike Price is $52 instead of $3.10.
Trade closed: target reached:
DOCU reached $53.30 after earnings, and went down before the market close on the same day. I haven`t monitored the options, but at that peak they were for sure profitable.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.