10K Portfolio as of 10/15/25
Recent Trades:
NFLX 8/14/24
Trade Idea on NFLX: NFLX rallied 10%+ over the past 9 days in a nice comeback off the recent lows. A large GEX concentration has remained at 700 throughout the past month, most of which is in the 9/20 expiration. We are adding a double calendar on NFLX here targeting that 700 strike:
- Selling 2 9/20 700 calls
- Selling 2 9/20 700 puts
- Buying 2 9/27 700 calls
- Buying 2 9/27 700 puts
Max risk approx $850, max profit potential approx $3150. We'd likely exit before expiration so aiming for a 1-2x return.