Options Ahead of Earnings

Looking at the BABA Alibaba Group Holding options chain ahead of earnings, i would buy the $85 strike price in the money Calls with
2022-12-16 expiration date for about
$3.79 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.

Transakcja zamknięta: osiągnięto wyznaczony cel:

target reached on the earnings day, $85.28!