SI Silvergate Capital Corporation Options Ahead of Earnings

Looking at the SI Silvergate Capital Corporation options chain ahead of earnings , I would buy the $12 strike price Puts with
2023-1-20 expiration date for about
$1.05 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 active:

Price target reached today, SI was trading at $11.90 at some point, but the puts aren`t yet profitable.

Trade closed: target reached:

Some of the few to call the SI selloff. SBNY is next!