PM Philip Morris Options Ahead Of Earnings

If you haven`t bough PM after my last chart:

Then you should know that looking at the PM Philip Morris options chain ahead of earnings , I would buy the $100 strike price Puts with
2023-3-17 expiration date for about
$1.80 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.

Сделка активна:

PM reached the price target today, trading at $99.67. Puts starting to see some profits. i would still keep the trade.