DFS Discover Financial Services Options Ahead of Earnings

By TopgOptions
Updated
Looking at the DFS Discover Financial Services options chain ahead of earnings , I would buy the $104 strike price Puts with
2023-1-20 expiration date for about
$1.60 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
DFS trading at $103.54 and Puts at $2.72 from $1.60. About 75% gain.
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