OZK Bank Options Ahead of Earnings

Analyzing the options chain of OZK Bank prior to the earnings report this week,
I would consider purchasing the 40usd strike price Puts with
an expiration date of 1/19/2024,
for a premium of approximately $2.72.
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

OZK traded at $38.47 after earnings, and the Puts went up from $2.72(when I wrote this article) to $3.50 at the close today - when the stock was $40.32.
You need to constantly monitor the options for bigger gains!

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