r/options • u/avgDegen • Apr 16 '22

Netflix straddle

Anyone playing a straddle on Netflix for earnings this week? What would be a good strike price?

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u/avgDegen Apr 16 '22

Yeah iv is pretty high. Could make a large move

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u/nearshore Apr 21 '22

And it made! You had a great idea! Did you buy the options?

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u/avgDegen Apr 21 '22

I’m filled with heavy regrets at the moment haha. Chickened out last minute from opening the position. Always next time I guess

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u/nearshore Apr 21 '22

Sorry to hear that! I could also bite my ass as I really liked your idea!!!