V Visa Options Ahead of Earnings

If you haven`t sold Visa on Ukraine's exposure:

or this Double Top:

Then analyzing the options chain and chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 235usd strike price Puts with
an expiration date of 2023-8-18,
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 closed: target reached

V Visa traded at $227.68 after earnings, and the puts went up more than 2X if you perfectly timed your exit. I usually sell at the open.

TopgOptions

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by TopgOptions