CTAS Cintas Corporation Options Ahead of Earnings

TopgOptions Updated   
BATS:CTAS   Cintas Corporation
Analyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week,
I would consider purchasing the 500usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $10.70.
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:
CTAS reached $475 after the earnings and the Puts went up from $10.70 to at least $25 for about 2.5X gain.


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