WFC Wells Fargo Options Ahead of Earnings

Updated
Looking at the WFC Wells Fargo options chain, i would buy the $42.5 strike price Puts with
2023-3-17 expiration date for about
$2.14 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
WFC went to $41 after the earnings, but i haven`t monitored the options.
Fundamental AnalysisTechnical Indicatorsoptionsstrategiesoptions-strategyoptionstradingTrend AnalysiswellsfargowellsfargoideawellsfargoshortWFCwfcideawfcshort

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