23 Jan 24
I bought one NFLX call contract – NFLX 240517C00460000. The purchase price was 59.40. Here we go!
24 Jan 24
Good news! Even though NFLX had mixed results and missed the expected EPS, after-market trading increased the stock price by $40! Now I need to decide what to do with my option. Should I sell as soon as the market opens, put a trailing stop on it, or hold on for a few days? Decisions, decisions.
24 Jan 24
I sold first thing when the market opened and profited $3,240. The market loved the Netflix earnings report. I thought it was more mixed than expected with the lower-than-expected EPS but apparently, the big jump in subscribers and other great y/y numbers said otherwise!
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