MSTR MicroStrategy Incorporated Options Ahead of Earnings

If you haven`t sold MSTR on this potential fair value retracement:

Then analyzing the options chain and the chart patterns of MSTR MicroStrategy Incorporated prior to the earnings report this week,
I would consider purchasing the 1250usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $120.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Trade closed: target reached:

MSTR reached $1009.50 after this article was published. The puts were certainly profitable, but I didn't monitor the options chain back then.