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Hi, Earnings for NFLX come out tomorrow after the market close. I want to purchase some option contracts before the close tomorrow. What would be the best bet considering the news revolving NFLX, calls or puts?
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Hello, ok thanks
Are you referring to NetFlix ?
Yes, symbol NFLX
Yes, Got it. Hold on for a while.
Given the previous financials of the NetFlix, and especially last two quarters, the company can give you positive surprise on the earnings side.
This consensus among investor is also clearly visible on the technical charts on which the scrip has attempted to give a breakout. Given this, you should bet on calls -- as per my opinion only - and expect price targets of 360 (given the previous close of 333.50). Kindly note that you should start purchasing calls if the Prices are maintaining the levels of at least 325.
I was thinking that as well
thank you for the input
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that will be all, thank you
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