Trade Alert - (NFLX) April 17, 2025 - EXPIRATION AT MAX PROFIT
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Trade Alert - (NFLX) – EXPIRATION AT MAX PROFIT
EXPIRATION of the Netflix (NFLX) April 2025 $800-$810 in-the-money vertical Bull Call debit spread at $10.00
Closing Trade
4-17-2025
expiration date: April 17, 2025
Number of Contracts = 13 contracts
Because we have the good fortune of five positions expiring at max profit on the Thursday, April 17, option expiration day, I am going to start feeding these out now.
Like all successful trades, this one looks stupidly cautious with 20:20 hindsight and (NFLX) trading at $989.79. That puts us $179.79, or 22.20%, above the nearest $810 strike price.
As a result, you get to take home $1,950 or 17.64% in 9 days.
Well done, and on to the next trade.
You don’t have to do anything with this expiration.
Your broker will automatically use your long position to cover your short position, canceling out the total holdings.
The entire profit will be credited to your account on Monday morning, April 21, and the margin freed up.
Some firms charge you a modest $10 or $15 fee for performing this service.
The flight of money right now is from small, undercapitalized, and questionable to large, overcapitalized, and rock-solid balance sheets.
Netflix is an American subscription video-on-demand streaming service. The service primarily distributes original and acquired films and television shows from various genres, and it is available internationally in multiple languages.
Launched in 2007, nearly a decade after Netflix, Inc. began its pioneering DVD-by-mail order rental service, Netflix is far and away the most popular streaming service today, with 301.6 million paid memberships in more than 190 countries as of today.
By 2022, "Netflix Original" productions accounted for half of its library in the United States, and the namesake company had ventured into other categories, such as video games and mobile games, through its flagship service. As of 2023, Netflix was the 23rd most visited website in the world, with 23.66% of its traffic coming from the US, followed by the United Kingdom at 5.84% and Brazil at 5.64%.
To learn more about the company, please visit their website at
https://about.netflix.com/en
This was a bet that Netflix would not fall below $810 by the April 17 option expiration in 9 trading days.
Here is the specific accounting you need to close out this position:
EXPIRATION of 13 April 2025 (NFLX) $800 calls at………….…….….$89.79
EXPIRATION of short 13 April 2025 (NFLX) $810 calls at……………$79.79
Net Proceeds:………………………….………..…….....................…............$10.00
Profit: $10.00 - $8.50 = $1.50
(13 X 100 X $1.50) = $1,950 or 17.64% in 9 days.
