Netflix Expected Move Update

A quick follow up from yesterday’s post:
https://substack.com/home/post/p-150347144?r=35zth&utm_campaign=post&utm_medium=web
to take into account Thursday Move and Netflix price at the close.
Using NFLX Thursday’s close at $687.65
And
ATM Straddle = 25.57 + 25.27 = $50.84

We end up with following bounds:
Upper Bound = 687.65 + 50.84 = $738.49
Lower Bound = 687.65 – 50.84 = $636.81
Or based on the ATM Straddle, the following expected move inside those bounds.

In pre-market at 10:30 London Time or 05:30 New-York, NFLX is indicating $727.00 or inside the ATM Straddle.
Join Our Trading Community with more than 500 Traders.
If you want to stay updated on market movements and trading opportunities, join our Discord community: https://discord.gg/rwHu2Mdr
We offer free channels as well as exclusive content for subscribers of our 4×4 and mentoring programs: https://duponttrading.com/4×4-course/
Contact us for more details!
Greg
greg@duponttrading.com
Sub Section Title Here
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
LEARN ONLINE TRADING TODAY. THE PROFESSIONAL WAY.
Let us solve the problem and confusion around trading and finance management, the right way.
ACCESS FREE LECTURESUBSCRIBE
TO OUR BLOG
To receive opinions, market research, and data analysis in the Financial Markets
ABOUT
DUPONT TRADING
As a Professional Trader/Portfolio Manager/Hedge Fund Manager for almost 20 years, I know that learning how to Trade/Invest is a non-ending learning curve. This adventure is extremely exciting but needs to be ridden carefully.
In January 2018 after receiving many requests, I decided to start my own mentoring activities.
In October 2019, I launched the 4×4 Video Series to help Investors profitably manage their portfolios. By sharing my ideas/experiences and offering education through the 4×4 Video Series, I hope I can help you becoming a better investor.

Students
Testimonials

J. (United Kingdom)
LEARN ONLINE TRADING TODAY. THE PROFESSIONAL WAY.
Let us solve the problem and confusion around trading and finance management, the right way.
Reader Interactions