COST Costco Wholesale Corporation Options Ahead Of Earnings

If you haven`t sold COST Costco Wholesale Corporation here:

Then Analyzing the options chain of COST Costco prior to the earnings report this week,
I would consider purchasing the 495usd strike price Calls with
an expiration date of 2023-5-26,
for a premium of approximately $9.00
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:

COST traded at $510.75 on the expiration date, so if we do a simple math, the calls were trading at $15,75 at some point intraday.
So about 70% higher compared to when I wrote this article.