Looking at the SQ Block options chain ahead of earnings , I would buy the $72 strike price Puts with 2023-3-3 expiration date for about $3.33 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
SQ trading at $71.80 intraday, reached the price target.
Trade closed: target reached
a longer expiration date would have been fantastic for this one!
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