Netflix, Inc.
Updated

OPENING: NFLX JAN 27TH 111/116/150/155 IRON CONDOR

90
.... for a 1.21 credit.

Here are the metrics for the setup:

POP%: 69%
Max Profit: $121/contract
Max Loss/Buying Power Effect: $379/contract
BE's: 114.80/151.20

Notes: NFLX announces earnings tomorrow after market close, so I would usually put a setup on "the day of." However, I don't want to space it out, so doing it now.
Note
Looking good so far after earnings announcement. Trading around $144 AH.
Trade closed: target reached
Closed at open for .50. In for 1.21, out for .50, .71 ($71) gross profit per contract.

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