On April 17th a full 2 days before earnings were released for Netflix, we posted on twitter that we were going ton enter into Put options as a 🔥💰 JACKPOT trade. We knew there were risks involved in the trade but we knew there were high odds that price would gap down. We were looking at the NFLX Apr22'22 330 Put which at the time was going for $11.75
Earnings were released sure as we expected price did gap down and our $11.75 option was now worth $83.55
