TSM Taiwan Semiconductor Options Ahead of Earnings

Analyzing the options chain of TSM Taiwan Semiconductor Manufacturing Company Limited prior to the earnings report this week,
I would consider purchasing the 95usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $4.70.
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 wurde manuell geschlossen:

TSM is trading at $97.05 after earnings.
Puts went up to $5.95 from $4.70 when I wrote this article, a decent 25% increase.
It's a partial exit for me.