If you haven`t sold ETSY before the previous earnings:
Then analyzing the options chain and the chart patterns of ETSY prior to the earnings report this week, I would consider purchasing the 75usd strike price Puts with an expiration date of 2024-2-23, for a premium of approximately $3.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
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ETSY went down to $69.67 after the earnings report; the Puts were certainly profitable, but I didn't monitor the options chain back then.