TopgOptions

ILMN Illumina Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:ILMN   Illumina, Inc.
Analyzing the options chain and the chart patterns of ILMN Illumina prior to the earnings report this week,
I would consider purchasing the 195usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $8.15.
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:
ILMN reached $195.60 after earnings and the calls were for sure profitable at that point. Haven`t monitored them.

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