Selling Put Spreads During This Stock’s Pullback

The reaction to NFLX’s earnings announcement was negative. I am taking advantage by selling put spreads.

  • Sold NFLX 06/18/21 Put 485.00 @ 14.34
    Filled at: Apr 21, 2021 9:30:10 AM EDT
  • Bought NFLX 06/18/21 Put 475.00 @ 11.34
    Filled at: Apr 21, 2021 9:30:10 AM EDT

A 3.00 credit was received making $700 the maximum possible loss per spread.

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