NFLX 500: Earnings Play 550/500/450 Butterfly?
NFLX is so old that it trades like FB chop and chop. Its offering is less attractive now given all the options out there. It is no longer a monopoly.
Not seeing a huge move in cards based on fundamental and technical.
Stock mainly in distribution. Premium sellers likely win. To hedge, will do a Put Butterfly 50 wide, centered around 500.
If the premium rich enough would also consider selling 500 Iron condor, 50 wide.
Not seeing a huge move in cards based on fundamental and technical.
Stock mainly in distribution. Premium sellers likely win. To hedge, will do a Put Butterfly 50 wide, centered around 500.
If the premium rich enough would also consider selling 500 Iron condor, 50 wide.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.