DASH DoorDash Options Ahead of Earnings

Salary raise for door delivery workers are inevitable, in my opinion!
DASH is Overbought right now!

If you haven`t seen DASH`s chart pattern here:

Then analyzing the options chain and the chart patterns of DASH DoorDash prior to the earnings report this week,
I would consider purchasing the 85usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $3.75.
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.

Dagangan ditutup: sasaran tercapai:

DASH traded at $78.57 after earnings, and the Puts went up from $3.75 (when I wrote this article) to $4.60 intraday.