Hey,
I just recently played my first option, which was a Msft ATM call with a duration of roughly 1,5 years. My thesis was simply that it was undervalued and had to go eventually, but because I didnt have experience with options I chose an expiry date far into the future and ATM instead of OTM.
Thanks to earnings I achieved 100% gains and just took out my initial investment. I want to let the other half run for some a few more months since the expiration date is still one year out. (Smart or stupid Idea?)
I want to put the gains I took out into the next play with the same premise. An established business thats currently undervalued and expected to go (back) up in the next 12 months. Is there a company which ticks those boxes in your head or a company you'd look out for during earnings this week?
Thank you and good luck to all of you!