NetFlix - Bull Put Credit Spread

NetFlix is one of my favorite stocks to watch not because it has good fundamentals but rather I liked the concept from the beginning of their internet business. Well today they made an announcement that they expect their earnings to be greater than expected, which is good news on the market front.

I guess Brent Archer agrees and has recommended a Bull Put Credit Spread in this post - Netflix (NFLX) rises on lifted guidance I will agree with him even though it is a little low with only a 4.2% gain for four months. I prefer closer to 10% with only 6 weeks  or less to go.

bull put credit spread, credit spread, netflix