ZM Zoom Video Communications Options Ahead Of Earnings

If you haven`t entered ZM here:

Or sold here:

Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2023-8-25,
for a premium of approximately $3.45.
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:

ZM traded at $63.61 after earnings.
I haven`t monitored the options, but at that level the puts were for sure profitable.