NG NovaGold Resources Options Ahead of Earnings

30 Mac

Analyzing the options chain and the chart patterns of NG NovaGold Resources prior to the earnings report this week,
I would consider purchasing the 3usd strike price at the money calls with
an expiration date of 2024-6-21,
for a premium of approximately $0.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

6 Apr

Dagangan ditutup: sasaran tercapai

NG traded at $3.35 after earnings, and the Calls went up from $0.37 (when I wrote this article) to $0.55 at the close on friday, for about 50% gain!