V Visa Options Ahead of Earnings

Apr 23, 2023If you haven`t sold V Visa here, for a better reentry:

Then analyzing the options chain of V Visa prior to the earnings report this week,
I would consider buying the 230usd strike price Puts with
an expiration date of 2023-6-16
for a premium of approximately $5.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

I am interested to hear your thoughts on this strategy.

Apr 27, 2023

Trade closed: target reached

Visa trading at $226.90 after earnings! Puts profitable!