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ADP Automatic Data Processing Options Ahead of Earnings

Short
Automatic Data Processing, Inc. (NASDAQ:ADP)  
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NASDAQ:ADP   Automatic Data Processing, Inc.
Trend Analysis Technical Indicators Fundamental Analysis ADP automaticdataprocessing optionsstrategies options-strategy optionstrading option optionstrader optionsstrategy optiontrading
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trendanalysis indicator fundamental adp automaticdataprocessing optionsstrategies options-strategy optionstrading option optionstrader optionsstrategy optiontrading
Looking at the ADP Automatic Data Processing options chain ahead of earnings , I would buy the $240 strike price Puts with
2023-2-17 expiration date for about
$6.55premium.
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:
ADP trading at $225.54 today. Puts are now $13.85 from $6.55. A decent 2X gain.
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ADP Automatic Data Processing Options Ahead of Earnings
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