I've spent several hours on this now, but I'm still a bit unsure if the setup for buying is really right. I'm very confident that IREN will make some percentage moves tomorrow. They announced the Mirantis acquisition today, and I'd be very surprised if they don't have something else to present the day after tomorrow – like a new contract with someone. With similar companies, the numbers weren't optimal, but they still rallied well after earnings. The stock in general is running quite bullish right now, which I like. However, if we dip tomorrow, I'd simply use that as an opportunity to buy normal shares instead, because I just trust the company like that. I want to buy calls now at a strike of $50, delta was 0.68, ratio 0.1, expiration 18.06., price is currently at €0.93. I'd be going in with an amount I can afford to lose. Did I miss anything? The stock has usually crashed quite a bit after earnings, which makes me still doubt, but I'm convinced that enough has changed that this pattern will change too. This is the first time I've dealt with something this risky, I started two months ago and started with 12% gains. I want to use some of the profit to play around with now.
    I am pretty confident but would like some feedback.

    I am pretty confident in $IREN Calls before the Earnings come. Need feedback tho. 🙂
    byu/zZYNX1 inoptions



    Posted by zZYNX1

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