NFLX - Earnings Tuesday, April 20 I entered this trade today: April 23 580/600 Call Debit Spread, 1 contract. Total debit $437.50. Sell-to-close order for $15 ($1,500), good till April 23. Will modify the sell order if necessary.
I was short NFLX. @OptionsOptionsOptions what is your approach to determine if 1) you should trade and 2) what direction to bet on?