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.
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