Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week, I would consider purchasing the 1usd strike price at the money long term Calls with an expiration date of 2026-1-16, for a premium of approximately $0.50. 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.
Trade closed: target reached
TMC traded at 1.20 after the earnings release and the calls went up from $0.50 to $0.95 at some point, even though the spread is quite high. I think it`s still a hold, TMC the metals company has more than 2X upside potential in my opinion.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.