TopgOptions

RPD Rapid7 Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:RPD   Rapid7, Inc.
Analyzing the options chain and the chart patterns of RPD Rapid7 prior to the earnings report this week,
I would consider purchasing the 55usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $2.40.
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:
RPD traded at $51.02 after earnings, and the calls went up from $2.40 (when I wrote this article) to $5.00 intraday, for about 110% gain!

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.