#ibdpartner
Netflix (NFLX) has a consistent track record of rising into earnings, so we will pursue an options trade today. Some of the members already started this trade on Tuesday, so an add makes sense.
Look at the weekly 365.00 calls (Delta 50) that expire Friday (3) days. We would like a flag or ABCD pattern intraday for new entries.
Also note annual sales and earnings in the left panel, as the company continues onward and upward. 2.68 in 2018 vs. estimates of 4.08 this year. If this keeps up, management is doing it’s job of managing accelerated growth. Share prices should head back to recent highs.

We talked about a trade on FedEx yesterday. Refer to that blog post as the stock trades higher (+1.00) this morning.
Futures are higher (+6.62) SPX ES 2869.12.
Over the past 8 quarters, NFLX rallied into the earnings release 7 of 8 times. Only 1 occasion was the trade flat, for no gain. While this isn’t a guarantee, it certainly points to decent probabilities.
All of the comments herein assumes markets do not
Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we trade NFLX and other new positions. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.
Happy Trading,
Vinny
Want to become a member? Check details here:
.
Disclaimer: Do your Own Research
Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.
Investment Warnings
We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.
Live Sessions
Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities.
As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.