NFLX Netflix Options Ahead of Earnings

If you haven`t sold NFLX here:

or reentered here:

Then analyzing the options chain of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 450usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $16.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trading ditutup: target tercapai:

NFLX was trading at $485 (52 week high) one day prior to the earnings.
Calls were trading at $45 intraday and $37 at close, up from $16.25 when I posted the article.
That was roughly a 2.5X gain if you exited close to the intraday high.