Analyzing the options chain and the chart patterns of PENN Enter

Analyzing the options chain and the chart patterns of UPS United Parcel Service prior to the earnings report this week,
I would consider purchasing the $42.50 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.37.
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:

The title is wrong!
The correct title is: Ionis Pharmaceuticals Options ahead of earnings

In the text, UPS United Parcel Service should be replaced by Ionis Pharmaceuticals.

Made this update because TradingView doesn't allow you to edit or delete your ideas after you publish them! Which is great, by the way, because all traders will have a track record that shows their capabilities and not just their winning trades.
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