NFLX $75 Calls $20 into $10,350

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NFLX huge move the last few days has made some people a lot of money. We alerted the $80 strike this week at $.20, they hit $5.55 today. But it gets better. The $75 strike was as low as $.02 and hit $10.35 today. That amounts to $20 into $10,350!

Next week we have earnings. Should provide for more impressive opportunities.

Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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6 thoughts on “NFLX $75 Calls $20 into $10,350”

    1. For those who trade options for a living the math is quite simple.  I will save you the time, and next time instead of looking like a complete ass, ask away we are here to help.

      Buy 10 contracts at $.02 = $20 cost (+ commission)
      Sell 10 contracts at $10.35 = $10,350 (-commission)

      That’s $20 into $10,350….. now go back to that rock you were hiding under.

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