Tim Biggam's Morning Trade: Netflix (NFLX)

Tim Biggam goes through his morning example trade in Netflix, by buying Apr. 30 $510 puts and selling Apr. 23 $510 puts for a $1.50 net debit. Biggam also notes you can sell additional Apr. 30 puts to further hedge the trade's expiration.

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Tim Biggam's Morning Trade: Netflix (NFLX)

Tim Biggam goes through his morning example trade in Netflix, by buying Apr. 30 $510 puts and selling Apr. 23 $510 puts for a $1.50 net debit. Biggam also notes you can sell additional Apr. 30 puts to further hedge the trade's expiration.