TopgOptions

ALLY Financial Options Ahead of Earnings

Short
TopgOptions Updated   
NYSE:ALLY   Ally Financial Inc.
Looking at the ALLY Financial options chain ahead of earnings , I would buy the $27 strike price at the money Puts with
2023-1-20 expiration date for about
$1.00 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:
ALLY price target reached, trading today at $22.02, but the timeframe wasn`t correct. i expected to go down sooner.

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