NFLX earnings spread

Discussion in 'Options' started by heiasafari, Jul 22, 2012.

  1. I'm in a put ratio back spread for a rare miss. Plus a butterfly positive bias
     
    #21     Jul 24, 2012
  2. Virtually no risk in the 5-wide backspread, IMO.
     
    #22     Jul 24, 2012
  3. I love them! I'm stupid for not keeping one on cmg
     
    #23     Jul 24, 2012
  4. Its much more likely that you make money rather then you realize the Max loss
     
    #24     Jul 24, 2012
  5. RA , what I am missing here ?

    +1/-4/+3 on the 20% mover ? U like it ?
     
    #25     Jul 24, 2012
  6. He was referring to ratio back spreading 5 wide
     
    #26     Jul 24, 2012
  7. Look at that.. lowering expectations. 65/60 back spread I own.
     
    #27     Jul 24, 2012
  8. Huh? You bot the 60/65 put back?
     
    #28     Jul 24, 2012
  9. No I own that sold one 65 bought two 60s
     
    #29     Jul 24, 2012
  10. Right, sold the 65P, bot 2 60P. You're going to lose $0.50 on it.
     
    #30     Jul 24, 2012