Then you should know that looking at the DOCU DocuSign options chain ahead of earnings , I would buy the $62.5 strike price Puts with 2023-6-16 expiration date for about $8.10 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
DOCU was trading at $49.42 intraday and the puts were $14.95 at the close compared to $8.10 when i wrote this article. A decent 85% gain!
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