BE Bloom Energy Options Ahead of Earnings

Updated
Analyzing the options chain of BE Bloom Energy prior to the earnings report this week,
I would consider purchasing the 16usd strike price Puts with
an expiration date of 2023-5-19,
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.


Trade closed: target reached
BE trading at $15.11 after earnings, Puts are at the close $1.15 from $0.65 when i wrote this article. About 85% gain!
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