SPWH Sportsman's Warehouse Holdings Options Ahead of Earnings

Analyzing the options chain and the chart patterns of SPWH Sportsman's Warehouse Holdings prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.65.
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.

Trading ditutup: target tercapai:

SPWH traded at $2.98 after earnings, and the Puts went up from $0.65 (when I wrote this article) to $1.80 at the close today (a lot higher intraday), for a fantastic 2.75X gain!