QS QuantumScape Corporation Options Ahead of Earnings

If you haven`t sold QS here:

or ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of QS QuantumScape Corporation prior to the earnings report this week,
I would consider purchasing the 5.50usd strike price Puts with
an expiration date of 2023-10-27,
for a premium of approximately $0.25.
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:

QS traded at $5.21 after the earnings release. I haven`t monitored the options back then, but the Puts were for sure profitable at that level.