NFLX Calls 500%

May 25, 2011

For those of you who played the NFLX calls you are up around 500%. The calls were as low as $1.50 but our entry was $2.50 and the calls are trading right now at $15.00 good for 500% gain.

Our target on NFLX is $270 which is 10 points higher from current prices. These are May calls so we would look to exit this trade tomorrow. Sell half now and hold the rest to see if we can get some follow through tomorrow.

Happy Trading,

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