CSCO Cisco Systems Options Ahead of Earnings

If you haven`t bought the dip on CSCO:

Then analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $1.52.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Operación cerrada: objetivo alcanzado:

CSCO reached $50.12 after the earnings release. The calls should have been profitable, but I haven't monitored the options chain back then.