Then you should know that looking at the ACN Accenture options chain ahead of earnings , i would buy the $285 strike price Puts with 2023-1-20 expiration date for about $10.70 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.
Trade closed: target reached
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Price target reached after earnings. ACN was trading at $263.24 and puts at $23, from $10.70 at the time of writing the article.