SPCE Virgin Galactic Holdings Options Ahead of Earnings

Analyzing the options chain and the chart patterns of SPCE Virgin Galactic Holdings prior to the earnings report this week,
I would consider purchasing the 0.50usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $0.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.