Have your powder ready just in case.
Accumulate before earnings and save some dry powder to load more if the don't soar at earnings.
I'm long AAPL, but I can tell you that's wishful thinking lol.
AAPL will most likely have a premium service for a much higher price. No one will leave NFLX because it's cheap entertainment. AAPL will just be another add-on service that people use along with NFLX to cut cable.
Nice try shorty lol
The APRIL calls are good to trade in and out of, but I would suggest you pick up some MAY 15/JUNE 19 calls to give yourself more time. That way you buy more cheaper if they pull back after earnings, then ride them back up.
Sounds like your doing goid already though! HAPPY TRADING!
Congrats! I made a mint on my calls last earnings after buying dirt cheap calls when NFLX was manipulated lower. Looking to do the same or better. Lower they take this ahead of earnings, the better.
Have your strategy in place well before earnings. Accumulating the June calls cheaper is the way to go. They will remove the premium from the calls after the April earnings even if NFLX blows away the numbers. That's when you add to your JUNE calls again and ride higher post-earnings. Unless the calls skyrocket and they become too expensive.
The key is trying to buy them cheap ahead of earnings.
Get another chance to reload these JUNE calls cheap again. Load them ahead of April earnings, and maybe add more after earnings if they are not too expensive after the report.