Looking at the BX Blackstone options chain ahead of earnings , I would buy the $86 strike price Puts with 2023-2-17 expiration date for about $3.50 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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BX reached my price target today, it was trading at $86.29, but too late for those options.