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
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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!