Netflix, Inc. (NFLX), $142.45
Trade: We recommend selling 10 Feb 136/130 bull put spread (18 DTE) for a net credit of $1,000 or better (which was the closing mid-point last Friday).
Strategy: Bullish breakout from consolidation after bullish earnings gap, strong uptrend all time frames.
Max Gain: $1,000 premium received.
ROI: 20% ($1,000/$5,000 max loss), with 5.2% cushion to break even of $165/share.
Max Loss: $5,000, but will be less with stop posted.
Stop Loss: $136.88.