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Option strategy in this earning season: small bet and big win

@OptionsDelta
The CPI data will be released tomorrow and the market will surge. There are two possibilities: one is positive data in advance and strong bulls, and the other is short covering. I don't guess, but either way I made money on my short put. There's going to be a shift tomorrow, so today's not a good time to do a short put, so tonight you can take a little bit of a bet on this week's short put and lay out Disney and Affirm earnings reports. $Walt Disney(DIS)$ reports earnings tomorrow morning, and based on Netflix's results, Disney is also likely to be less than expected and more pessimistic, so I'm going to put my money on $DIS 20220218 130.0 PUT$. Disney can make a profit if it drops to 128, or lose all its royalties if it doesn't. On the other hand, buy call and put$DIS 20220218 144.0 PUT$ $DIS 20220218 144.0 CALL$.This is straddle strategy. Disney has dropped 7.7% since Netflix's earnings report. Better results could lead to a rebound, but there is a possibility of a drop, so Disney can make a profit if it moves above $11 per side. But if the amplitude isn't good enough, you're going to lose all of premium, so it looks like a better bet to put on one side. $Affirm Holdings, Inc.(AFRM)$ reports earnings on Friday. $PayPal(PYPL)$ fell 17% in the previous earnings reports. AFRM has ties to Amazon, but it can also be volatile, as growth earnings have always been. Put can be selected$AFRM 20220211 50.0 PUT$,You can also choose next week's. Choose buy put or straddle, it is recommended to consider it according to the profits you earned before. In the two strategies, I prefer to buy put , and the loss is only the profit from short put before, which is very cost-effective.
Option strategy in this earning season: small bet and big win

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