TTD The Trade Desk Options Ahead of Earnings

If you haven`t sold TTD on this bearish chart pattern:

Then analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2023-11-10,
for a premium of approximately $3.60.
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:

TTD traded at $60.40 after earnings and considering the strike price and the premium paid, those puts must have been up 4X at expiration.