DFS Discover Financial Services Options Ahead of Earnings

2023年1月15日

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.

2023年1月18日

交易结束：到达目标

DFS trading at $103.54 and Puts at $2.72 from $1.60. About 75% gain.