WFC Wells Fargo Options Ahead of Earnings

Looking at the WFC Wells Fargo options chain, i would buy the $42.5 strike price Puts with
2023-3-17 expiration date for about
$2.14 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Dagangan ditutup: sasaran tercapai:

WFC went to $41 after the earnings, but i haven`t monitored the options.