#Earnings #ShortPuts. Selling puts on this today… its moves to the upside have been much larger so I’m more comfortable with bullish short puts, even taking assignment of stock if it drops.
STO NFLX Apr 21st 135 put for 1.90
STO NFLX Apr 21st 130 puts for .85
Will add more later, hopefully when options prices increase.
Over last 12 reports, NFLX 5-DAY moves: Biggest UP move: 27.8%, Biggest DOWN move: -19.9%, Average move: 13.4%. These stakes are -6.9% and -10.3% OTM.
Options Bistro 