If you haven`t sold ETSY after the disappointing forecast and bought the price target:
Then you should know that looking at the ETSY options chain ahead of earnings , I would buy the $128 strike price Puts with 2023-2-24 expiration date for about $6.90 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.
거래청산: 타겟 닿음
ETSY reached the price target ahead of earnings. Trading today at $124.43. Puts were profitable. Trade closed.