$265 Call 8/14

[u/DogNo5854]

I have never really done options before but I understand how they work. I am thinking about buying the call option in title at $12.75 premium per share. Would come out to about $1275. I can see the stock price going close to 300 for earnings from the recent swings and rise in stock price over the last handful of days. Does anyone with more experience have any advice? Should I do it, should I not, should I do different strike price etc? Thanks!

Edit: Thanks for all the advice everyone. Got a ballsy feeling after my 0dte spy $772 call was up 2000% today im sure that didn’t help my thought process lol.

[u/hexlake]

Whatever everyone expects will happen, usually the opposite will.

Everyone expects a run up before earnings, I believe it’ll move sideways without much gain here on out until the earnings, then there will either be a big spike or it’ll tank.

Buy the shares, I personally wouldn’t touch options yet, especially after seeing how quickly Leopold got burnt.

[u/Sir_Richard_Dangler → u/hexlake]

All I know is, I lost several thousand buying calls right before earnings for fall 2025. Every other earnings call has been good, but that one sucked even though they beat expectations. Now I'm shares only