#Earnings I sold $NFLX July 20th 360 puts last week, avg price 4.07.

Looking at the stock’s move over the last 12 quarters, with the stock right now at 400, its

ONE-DAY max UP move would take us to 476.08 (19.0%), max DOWN move would take us to 347.52 (-13.1%)
FIVE-DAY max UP move would take us to 511.00 (27.8%), while max DOWN move is the same, 347.52.

I may sell 475 calls if I can get a buck or more.