I think now is the time to sell once again. Looking at the NFLX Netflix options chain ahead of earnings , I would buy the $300 strike price Puts with 2023-1-20 expiration date for about $5.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade active
NFLX retraced to $315.78 while puts are trading at $7.60 ahead of earnings. from $5.40. i would sell 50%.
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.