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NaughtyPines
Jan 17, 2017 7:49 PM

OPENING: NFLX JAN 27TH 111/116/150/155 IRON CONDOR 

Netflix, Inc.NASDAQ

Description

.... for a 1.21 credit.

Here are the metrics for the setup:

POP%: 69%
Max Profit: 121/contract
Max Loss/Buying Power Effect: 379/contract
BE's: 114.80/151.20

Notes: NFLX announces earnings tomorrow after market close, so I would usually put a setup on "the day of." However, I don't want to space it out, so doing it now.

Comment

Looking good so far after earnings announcement. Trading around $144 AH.

Trade closed: target reached

Closed at open for .50. In for 1.21, out for .50, .71 ($71) gross profit per contract.
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