I believe this could be a Premium idea, but let's wait and see how it unfolds:
In March, INVZ saw some unusual out-of-the-money calls valued at over $1 million with a $2.5 strike price, expiring on April 19th.
Upon reviewing the chart, it resembles a double bottom pattern, suggesting a potential price target of $2.85 if a reversal occurs.
Recently, OUST, a...
Analyzing the options chain and the chart patterns of INVZ Innoviz Technologies prior to the earnings report this week,
I would consider purchasing the $3.50 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...