JNJ Johnson & Johnson Options Ahead of Earnings

If you haven`t bought JNJ before the previous earnings:

Then analyzing the options chain and the chart patterns of JNJ Johnson & Johnson prior to the earnings report this week,
I would consider purchasing the 145usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $7.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade geschlossen: Ziel wurde erreicht:

JNJ dropped to $143.18 after the earnings release. The puts were definitely profitable, but I didn't monitor the options chain back then.