If you haven`t sold the regional top on ASML: nor entered the dip before the previous earnings:
Then analyzing the options chain and the chart patterns of ASML Holding prior to the earnings report this week, I would consider purchasing the 770usd strike price Calls with an expiration date of 2024-1-26, for a premium of approximately $15.85. And looking at the chart this would be probably the final leg of the Double Top. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
ASML closet at $867.75 on the expiration date, and the 770usd strike price Calls went from $15.85 to $97.75, for a fantastic gain of 6.16X!! Even higher intraday! Congrats to those who bought the calls!
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