WGO Winnebago Industries Options Ahead of Earnings

Analyzing the options chain of WGO Winnebago Industries prior to the earnings report this week,
I would consider purchasing the 65usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $3.45.
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.

Transakcja zamknięta: osiągnięto wyznaczony cel:

WGO trading at $59.06 after the earnings.
The calls have increased from $3.45 to $5.00 since I wrote the article, and they reached even higher levels at some point.
This represents a decent 45% gain so far.