carley621

NFLX trade set up for eanrings

NASDAQ:NFLX   NETFLIX, INC. - COMMON STOCK
If you want to play options pre earnings this is what I'm doing. I'm buying the 322 calls and 273 puts expiring this Friday outright - I do not want to cap my winnings.. The calls are about $700 and the puts about $300 as of right now. I will buy these as late as possible before the close of today. Both of these limits are right on pivots , so if either of these breaks the upside and downside completely wipes out any loss I would take from the other option. They only way I can lose money is if it trade sideways and I'm willing to take that bet.
Comment: The 322 calls I bought for $6.50 and the 272.50 puts I bought for bought for $1.85.. Lets go NFLX!!!!
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