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Showing posts with label NFLX May 27 2022 225/245 credit call spread. Show all posts
Showing posts with label NFLX May 27 2022 225/245 credit call spread. Show all posts

Sunday, June 19, 2022

Options trade : Netflix (NFLX) bearish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


4/27/2022

buy +1 May 27, 2022 $245 call at $1.00 (prob ITM 5.41%)

sell -1 May 27, 2022 $225 call at $2.45 (prob ITM 13%)

  • net credit: $1.45
  • margin:  $2000
  • NFLX = $190.10 (-8.30)
  • oversold
  • 30 DTE


5/18/2022

buy back entire call spread at $0.20

NET PROFIT:  $122.34