GOTU Gaotu Techedu Options Ahead of Earnings

2023年11月21日

Analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price in the money Puts with
an expiration date of 2023-12-15,
for a premium of approximately $0.80.
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.

2023年11月25日

交易结束：到达目标

GOTU traded at $2.44 after earnings, and the Puts went up from $0.80 (when I wrote this article) to $1.15 at the close today (a lot higher intraday), for about 40% gain!