$NFLX Bull Call Spread: $136 Cost, Max Profit $164 (Apr 17, 102/105)

📊 Contracts

🔵 Buy to Open: 1x $102 Call (2026-04-17) — Ask: $3.70
🔴 Sell to Open: 1x $105 Call (2026-04-17) — Bid: $2.34

💰 Financials

Net Debit: $136 ($1.36 × 100)
Max Profit: $164 → ($3 wide strike spread − $1.36 net debit) × 100
Max Loss: $136 → Net Debit × 100

📈 Thesis

Neutral to moderately bullish on $NFLX into next week. Stock broke above $100 with strong call/put ratio (2.90) and momentum. Elevated IV (70.4%) suggests potential IV crush, so we cap vega risk by selling the $105 call. Happy to gain directional exposure with defined risk—ready to pocket max profit if $NFLX stays above $105 by expiration!

⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

vi123123
04-10
vi123123
Solid spread setup! Bullish on NFLX breaking $100, max profit looks tasty. [开心]
YNWIM
04-10
YNWIM
Solid Netflix play! Risk capped, profit potential ace. [得意]
AuntieAaA
04-11
AuntieAaA
good

Leave a comment

187

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Stock broke above $100 with strong call/put ratio (2.90) and momentum. Elevated IV (70.4%) suggests potential IV crush, so we cap vega risk by selling the $105 call. Happy to gain directional exposure with defined risk—ready to pocket max profit if $NFLX stays above $105 by expiration!</p>\n<p>⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","htmlText":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/675445c6cc6e16329d0181a7dd747b9f\" tg-width=\"1280\" tg-height=\"714\"></p>\n<h3 id=\"id_3979892394\">📊 Contracts</h3>\n<ul style=\"\">\n <li>\n  <p>🔵 Buy to Open: 1x $102 Call (2026-04-17) — Ask: $3.70</p></li>\n <li>\n  <p>🔴 Sell to Open: 1x $105 Call (2026-04-17) — Bid: $2.34</p></li>\n</ul>\n<h3 id=\"id_1161618801\">💰 Financials</h3>\n<ul style=\"\">\n <li>\n  <p>Net Debit: $136 ($1.36 × 100)</p></li>\n <li>\n  <p>Max Profit: $164 → ($3 wide strike spread − $1.36 net debit) × 100</p></li>\n <li>\n  <p>Max Loss: $136 → Net Debit × 100</p></li>\n</ul>\n<h3 id=\"id_1231332671\">📈 Thesis</h3>\n<p>Neutral to moderately bullish on $NFLX into next week. Stock broke above $100 with strong call/put ratio (2.90) and momentum. Elevated IV (70.4%) suggests potential IV crush, so we cap vega risk by selling the $105 call. Happy to gain directional exposure with defined risk—ready to pocket max profit if $NFLX stays above $105 by expiration!</p>\n<p>⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","text":"📊 Contracts 🔵 Buy to Open: 1x $102 Call (2026-04-17) — Ask: $3.70 🔴 Sell to Open: 1x $105 Call (2026-04-17) — Bid: $2.34 💰 Financials Net Debit: $136 ($1.36 × 100) Max Profit: $164 → ($3 wide strike spread − $1.36 net debit) × 100 Max Loss: $136 → Net Debit × 100 📈 Thesis Neutral to moderately bullish on $NFLX into next week. Stock broke above $100 with strong call/put ratio (2.90) and momentum. Elevated IV (70.4%) suggests potential IV crush, so we cap vega risk by selling the $105 call. Happy to gain directional exposure with defined risk—ready to pocket max profit if $NFLX stays above $105 by expiration! ⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.","highlighted":1,"essential":1,"paper":2,"likeSize":187,"commentSize":3,"repostSize":9,"favoriteSize":0,"link":"https://ttm.financial/post/552085287670296","repostId":0,"isVote":1,"tweetType":1,"viewCount":1662,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GPRO","NFLX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":true,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":747,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":552205269091336,"commentId":"552205269091336","gmtCreate":1775826642426,"gmtModify":1775914769946,"authorId":9000000000000441,"author":{"id":9000000000000441,"idStr":"9000000000000441","authorId":9000000000000441,"name":"vi123123","avatar":"https://static.tigerbbs.com/2214c44af667ceaccefbb23d0bcacbb8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":552085287670296,"objectIdStr":"552085287670296","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Solid spread setup! Bullish on NFLX breaking $100, max profit looks tasty. [开心]","text":"Solid spread setup! Bullish on NFLX breaking $100, max profit looks tasty. [开心]","html":"Solid spread setup! Bullish on NFLX breaking $100, max profit looks tasty. [开心]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0,"disclaimerType":0},{"id":552204776878792,"commentId":"552204776878792","gmtCreate":1775826606607,"gmtModify":1775914774240,"authorId":3479274757881734,"author":{"id":3479274757881734,"idStr":"3479274757881734","authorId":3479274757881734,"name":"YNWIM","avatar":"https://static.tigerbbs.com/e12248fc43aa4bba110f09266ddca4c1","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":552085287670296,"objectIdStr":"552085287670296","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Solid Netflix play! Risk capped, profit potential ace. [得意]","text":"Solid Netflix play! Risk capped, profit potential ace. [得意]","html":"Solid Netflix play! Risk capped, profit potential ace. [得意]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":552255799480848,"commentId":"552255799480848","gmtCreate":1775839062235,"gmtModify":1775839066660,"authorId":3583049143664216,"author":{"id":3583049143664216,"idStr":"3583049143664216","authorId":3583049143664216,"name":"AuntieAaA","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":552085287670296,"objectIdStr":"552085287670296","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"good","text":"good","html":"good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/552085287670296"}