ZM Zoom Video Communications Options Ahead of Earnings

If you haven`t sold ZM before the previous earnings:

Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 61usd strike price in the money Calls with
an expiration date of 2024-3-1,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trading ditutup: target tercapai:

ZM traded at $70.92 at expiration, and the calls went up from $3.95 (when I wrote this article) to $9.92 at the close of the expiration day, for about 2.5X gain!