Analyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $2.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
It is just above the trendline. There are assumptions;
1. Cup w handle
2. Going down to $9.2 will create unconfirmed 123 pattern.
for both pattern , $12.60 will be the confirmation resistance.
