$NFLX level for short put sale

 

3oct

stock had a big up day on thursday and equally big down day on friday. had alert set for <500 but didnt drop that low. levels im looking at for short put sale are the 460level and 435ish level. earnings are included in the Oct23 options so any sale will be using the monthly Oct strikes. will adjust my alert to <495 to get my head up. i have the Oct455 Put on my watchlist.. would like at least $5.00+ for it

for earnings depending on where the stock is just prior will be looking at the $430 level for short put sale. midpoint is near $5 now with stock at 503. likely increase closer to earnings.

on a personal note i am a netflix subscriber and dont care at all about the one video with the young girls everyone is all freaked out about. im not into young girls so i wont watch it but will not be cancelling the service either. you do what you want, i need to watch something while i ride my cardio bike. if some people cancelling the service makes for a tradeable move then i will react accordingly. the movie The Outpost just became available on netflix. the book is better

also if for some reason a short term earnings selloff takes it down to near 430 but the metrics are positive.. as in sells off on good news i will look at adding a Jan2022 or Jan2023 in the money call