ARDX Ardelyx Options Ahead of Earnings

29 Eki 2023

If you haven`t bought ARDS before it went up 6X:

Then analyzing the options chain and the chart patterns of ARDX Ardelyx prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.45.
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.

2 Kas 2023

İşlem kapandı: hedefe ulaştı

ARDX traded at $4.09 after earnings, and the Calls went up from $0.45 (when I wrote this article) to $0.70 at the close today (higher intraday), for about 55% gain!