TopgOptions

RUN Sunrun Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:RUN   Sunrun Inc.
Analyzing the options chain and the chart patterns of RUN Sunrun prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price In the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.51.
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:
RUN traded at $22.16 after earnings, and the calls went up from $2.51 (when I wrote this article) to about $5.50, for a decent 120% 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.