RPD Rapid7 Options Ahead of Earnings

Analyzing the options chain of W Wayfair prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2023-5-19,
for a premium of approximately $3.65.
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 stängt: målet nått:

RPD reached the price target eventually, but unfortunately, it was too late. It was trading at $50.60 this week.
In my opinion, it's a lesson to choose longer expiration dates.