Looking at the CRWD CrowdStrike Holdings options chain ahead of earnings , i would buy the $135 strike price Puts with 2022-12-16 expiration date for about $6.65 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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CRWD reached $110.54 after earnings. Options went up 3X!