DLR Digital Realty Trust Options Ahead of Earnings

Analyzing the options chain and the chart patterns of DLR Digital Realty Trust prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $2.35.
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.

Trade fermée: cible de profit atteinte:

DLR traded at $114.94 before earnings, and the Puts are up from $2.35 (when I wrote this article) to $4.00 at the close today (even higher intraday), for a decent 70% gain! For me it`s an exit.