TopgOptions

ADSK Autodesk Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:ADSK   Autodesk, Inc.
If you haven`t bought ADSK ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of ADSK Autodesk prior to the earnings report this week,
I would consider purchasing the 210usd strike price Puts with
an expiration date of 2023-11-24,
for a premium of approximately $4.00.
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.



Trade closed: target reached:
ADSK traded at $201.23 after earnings, and the Puts went up from $4.00 (when I wrote this article) to $6.58 at the close today (even $8.80 intraday), for about 70% gain!

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