NFLX kicks off earnings in FAANG stocks. Let’s do a calendar spread!
Listen to Options Playbook Radio 228: NFLX Long Calendar Spread
Earnings in FAANG stocks are coming up, with NFLX leading the way on 10/16. We’re going to do a long calendar spread with calls. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.
Specifically:
- A review of last week
- Why a calendar spread?
- Where is NFLX now?
- Earnings are released on 10/16
- What is the expected earnings?
- Selecting a strike
- Setting up the trade
- What is the maximum risk? Reward?
- What do we want to happen?
- What is the net delta?
- And more
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.