Option Millionaires

[ABXX]

NFLX does look fairly attractive at these levels considering it's only trading at 1X sales versus other stocks like LNKD that are trading at 18X sales...AMZN has a very high P/E ratio but is only trading at 2X sales...problem with NFLX is there's a wide range of analysts projections, some are very bullish, and some are very bearish...for example the average projected earnings estimates for NFLX in 2013 is $2.12 per share, however if you look closely some analysts think that NFLX will only make $0.16 cents per share next year while others project $3.93 per share...so it's still hard to say how good NFLX's business model or at least profitability will be going forward, but it's possible that Citi crunched the numbers really well and think that it will do alright....

Earnings projections
http://research.tdameritrade.com/public/stocks/earnings/earnings.asp?symbol=NFLX

Q2 earnings July 23rd, 2 days after July expiration
http://research.tdameritrade.com/public/stocks/calendar/calendar.asp?symbol=NFLX