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NFLX earnings spread
- Thread starter heiasafari
- Start date
Quote from atticus:
Gotcha. ATM backspread is as close as you get to an arb on NFLX.
what do you mean by that? arb.. arbitrage obviously but in what respect.. are you saying you can sell the ATM and buy OTMs for neither a credit or a debit? is that what your saying.. i looked at that and i was wondering what kind of profit that would be in now considering the down move.. my backspread will probaly still expire worthless
Quote from cdcaveman:
what do you mean by that? arb.. arbitrage obviously but in what respect.. are you saying you can sell the ATM and buy OTMs for neither a credit or a debit? is that what your saying.. i looked at that and i was wondering what kind of profit that would be in now considering the down move.. my backspread will probaly still expire worthless
No, meaning that the 5-wide atm backspread has been a winner.
Quote from atticus:
No, meaning that the 5-wide atm backspread has been a winner.
yeah but that cost 1.30 that would have been actually a pretty good bet..
its going to be worth like over three bucks thats the 80 75 backspread.... but i don't like how you have to put out 1.3 to potientially lose 4-5 if the thing doesn't go that far down..