Netflix, Inc.
Long
Updated

NFLX Netflix Options Ahead of Earnings

492
If you haven’t entered NFLX in the buy zone:
Was the NFLX sell-off predictable???


Now analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 850usd strike price Calls with
an expiration date of 2025-1-24,
for a premium of approximately $41.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
NFLX traded at $977.59 on friday, at expiration, and the calls increased from $41.75 (when I wrote this article) to $23.00 at the close, resulting in a fantastic 3.05X gain!
Congrats to those who bought the calls!!

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