Here are three considerations for choosing the strike price:
Consider time remaining until expiration. The remaining time might affect the options price, but the more time you have, the more likely the stock will hit the strike price.
The further the strike price is from the current stock price, the lower the option cost because there is less chance for the contract to execute. Remember the option's writer wants to earn your premium. You may have a good bet if you buy the call near the earnings report date.
Review the stock technically: make sure the relative strength indicator and the moving averages with a clear uptrend.
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