BX Blackstone Options Ahead of Earnings

Looking at the BX Blackstone options chain ahead of earnings , I would buy the $86 strike price Puts with
2023-2-17 expiration date for about
$3.50 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Trade geschlossen: Ziel wurde erreicht:

BX reached my price target today, it was trading at $86.29, but too late for those options.