UPWK Upwork Options Ahead of Earnings

11 בפבר׳

If you haven`t bought UPWK ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of UPWK Upwork prior to the earnings report this week,
I would consider purchasing the 12.5usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

17 בפבר׳

עסקה סגורה: היעד הושג

UPWK traded at $15.45 after the earnings release, and the calls were certainly profitable. I haven't monitored the options chain back then.