Option Trades for Nexflix earnings and beyond

Options trades for Netflix earnings With earnings coming out Thursday afternoon, I see opportunities for money to be made. Whether you are bullish or bearish, that is for each and every one of you to decide, but here’s options trade ideas for whatever direction you want to go. On the bearish side, seeking a target of 900, in alignment with the prediction from Kannan Venkateshwar at Barclays, we have the following trade, with a 09-19-25 expiration: 875/845/815 PutFly 1x-2x1, shown below This put fly offers substantial returns, while minimizing downside risk Heat map: Historical data: This is a lookback of this exact equivalent out the money trade on a constant maturity basis. This chart shows this pick has been in the 29th percentile. On the bullish side, we have a price target of 1200 as predicted by James Heeney At Jefferies. Using this, we have the following trade: 1260/1340/1380 Call Fly 132, shown below

Heatmap: Option chart: Relatively speaking, this is the cheapest this option has been in 2 years, with many investors being on the bearish side when concerning Netflix, however this gives a unique opportunity to bullish investors profit should the underlying go up