If you haven`t sold ABNB on this valuation thesis:
Then analyzing the options chain and the chart patterns of ABNB Airbnb prior to the earnings report this week, I would consider purchasing the 150usd strike price in the money Puts with an expiration date of 2024-2-16, for a premium of approximately $7.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
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ABNB traded at $143.88 after the earnings release, and the Puts were certainly profitable. I haven't monitored the options chain back then.