PATH UiPath Options Ahead of Earnings

Sep 2, 2023

If you haven`t bought PATH here:

Then analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.02.
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.

Sep 8, 2023

Trade closed: target reached

PATH traded at $18.12 after earnings, and the calls went up from $1.02 (when I wrote this article) to $2.20 at the close today (higher intraday), for about 115% gain!