FSLR First Solar Options Ahead of Earnings

Analyzing the options chain and the chart patterns of FSLR First Solar prior to the earnings report this week,
I would consider purchasing the 143usd strike price Puts with
an expiration date of 2023-11-3,
for a premium of approximately $6.95.
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 geschlossen: Ziel wurde erreicht:

FSLR reached $132.70 this week and the Puts were for sure profitable back then, but I haven`t monitored the options chain.