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Sunday, September 26, 2010
NFLX - Netflix Inc., Earnings Play 10/18
Buy To Open
Oct 195 Call - limit 0.82
Oct 130 Put - limit 0.66
Total Cost: $1.48
Option IV: 45.04% Current; 67.87% Monthly
Target
$163.69 High end
$160.73 Low end
Earnings are to be reported on 10/18/2010, which these options will have expired (10/15/2010 Fri.) if the security does not move in a huge and fast matter.
Disclaimer: This for educational purpose and is not a recommendation nor a soliciation for above security. MCRG and AC currently owns this position.
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