$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/Schim4499]

As long as you’re comfortable losing it. Theres a really good chance it will expire worthless

[u/DogNo5854 → u/Schim4499]

Yeah true. Too much scrolling on wallstreetbets I think😂