NFLX @ $513.
STO NFLX Dec 18, 515 / 520 Call credit spread + 510 / 500 Put credit spread @$6.31 credit for the combo.
Downside max loss $3.69 ($10 spread width – $6.31 credit received). Downside breakeven NFLX @ $503.
NFLX Iron Cockroach
NFLX @ $513.
STO NFLX Dec 18, 515 / 520 Call credit spread + 510 / 500 Put credit spread @$6.31 credit for the combo.
Downside max loss $3.69 ($10 spread width – $6.31 credit received). Downside breakeven NFLX @ $503.
Options Bistro 