NFLX earnings

Sold these earlier, will probably add a couple more contracts to each. Taking the bullish route as the up moves in NFLX can be face-ripping, while the down moves are manageable.

STO NFLX July 21st 160/155 put spread for 2.00.
STO NFLX July 21st 157.5/152.5 put spread for 1.70

From last 12 quarters, NFLX 5-day moves: Biggest UP move: 27.8%, Biggest DOWN move: -19.9%, Average move: 13.1%.