Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[DCschmoeka]

I will most likely pass on NFLX, premiums for the 12.5 calls and 10 puts are too high, so you´d need a 30%+ move to make money. I am sure that NFLX has the ability to do such big move, but the stock is already way beaten down, and you´d really need a move to 7.00 or to 15.00, and then you wont even make a huge gain with a strangle. Will wait a week or two for premiums to become cheaper, of course I will always play something if I find a good setup. Many good plays next week, but wont play most of them.