Trade Kroger ahead of earning with a big gain or very low loss

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 Kroger (KR) is releasing  in its Q2 earning on Friday September 9th 10 Am EDT . Most of analysts recommend buying the stock and expect beating the estimates and higher revenue .
Our favorite position to trade Kroger ahead of it's earning is buying the stock and protect your position against any reversal by buying PUT OPTION  as an insurance for owning the stocks .
Kroger ( KR) closing price today was 32.67 , Our trade will be:
---Buy 80 shares of KR  and buy 1 PUT OPTION  32.50 strike price expiration September 16/16  70$ Cost.
By replacing that trade we get unlimited gain if the stock price goes higher and protect out trade by buying PUT OPTION PREMIUM .
For example if the the stock price goes up from current price to 36 $ a share our profit will be  266-70(premium cost)=196$.
If the stock price goes down to 29 a share our loss will be 280(premium gain) - 288$(stock loss) =-8 $ only.
               Happy Trading

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