KR The Kroger Options Ahead of Earnings

Updated
If you haven`t bough KR ahead of the previous earnings:
KR The Kroger Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of KR The Kroger prior to the earnings report this week,
I would consider purchasing the 46usd strike price at the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.34.
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
KR reached $44.22 after the earnings, then went up intraday. The Puts were for sure profitable at that monument, but I haven`t monitored the options chain back then.
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