GME GameStop Options Ahead of Earnings

Analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week,
I would consider purchasing the 18usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $2.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

GME reached $17.61 after earnings, Puts in the money, but I haven`t monitored the options at that time.