Description

We are back into earnings season. Let's take a look at a skip-strike butterfly in NFLX. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

• A review of the Boeing calendar spread from last time
• What happened since the paper trade was put on?
• Looking ahead to NFLX earnings
• Where is NFLX now?
• What is the expected move?
• What happens if we are wrong?
• What is the maximum return? Reward?

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.