OptionsPlay DailyPlay Ideas Menu – March 16th, 2026

💰 The Income Generators (High Probability, Cash Flow)

• NFLX: Bullish Put Spread capitalizing on a recent pullback in a dominant streaming leader from our Equity Research List.
• LNG: Bullish Put Spread leveraging rising global demand for clean energy and heightened geopolitical supply concerns, sourced from our Equity Research Watchlist.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• ADSK: Bearish Call Spread hedging against slowing enterprise software spending, cyclical end market pressure, and a lofty valuation multiple.

1. NFLX ($95.31) – Streaming Through the Pullback

• We’re betting on: If Netflix maintains its streaming dominance and the stock holds its support base above $87, this short-term pullback will resolve favorably, allowing the short put spread to expire worthless.
• The Trade: Sell to Open the NFLX May 1, 2026 95/85 Put Vertical @ $3.34 Credit.
  • 🟢 BUY TO OPEN May 01, 2026 85 Put @ $1.96
  • 🔴 SELL TO OPEN May 01, 2026 95 Put @ $5.30
• Trade Metrics: POP: 57.44% | Collect $334.00 per contract vs. a Max Risk of $666.00 (2.0:1).
• The Why: Highlighted on our Equity Research List, Netflix’s recent pullback offers a compelling entry point to capitalize on its dominant streaming market share, robust subscriber additions, and successful ad-tier monetization.
• The Technicals: Despite a shorter-term neutral trend (1M & 6M) and neutral Relative Strength (4/10), the stock is currently consolidating and testing support around $94, providing a defined floor to write premium towards our $100 upside target. 
• Management:
  • ⚠️ Warning: Earnings is scheduled for Apr 16, which may require active management.
  • Stop Loss: Buy back the spread at $6.68 (100% of credit received).
  • Take Profit: Buy back the spread at $1.67 (50% of max gain).

2. LNG ($252.27) – Geopolitical Energy Edge

• We’re betting on: If global LNG demand and geopolitical supply concerns involving Iran persist, capital will continue rotating into secure domestic exporters like Cheniere, keeping the stock’s strong bullish trend intact and well above our $250 strike.
• The Trade: Sell to Open the LNG May 1, 2026 250/235 Put Vertical @ $5.65 Credit.
  • 🟢 BUY TO OPEN May 01, 2026 235 Put @ $5.95
  • 🔴 SELL TO OPEN May 01, 2026 250 Put @ $11.60
• Trade Metrics: POP: 57.27% | Collect $565.00 per contract vs. a Max Risk of $935.00 (1.7:1).
• The Why: Sourced from our Equity Research Watchlist, Cheniere Energy offers highly visible, durable cash flows as the leading U.S. LNG exporter, benefiting from rising global demand for cleaner fuels and heightened geopolitical tensions involving Iran.
• The Technicals: LNG is in a powerful Bullish Trend (1M & 6M) with Very Strong Relative Strength (9/10), consolidating constructively above its $245 support level as it sets up to challenge overhead resistance at $259.
• Management:
  • Stop Loss: Buy back the spread at $11.30 (100% of credit received).
  • Take Profit: Buy back the spread at $2.83 (50% of max gain).

3. ADSK ($251.17) – Fading the Premium Multiple

• We’re betting on: If enterprise software spending continues to slow and execution risks materialize during the company’s platform transition, ADSK’s counter-trend rally will fail, keeping the stock suppressed below our $255 strike.
• The Trade: Sell to Open the ADSK May 1, 2026 255/270 Call Vertical @ $6.50 Credit.
  • 🔴 SELL TO OPEN May 01, 2026 255 Call @ $12.95
  • 🟢 BUY TO OPEN May 01, 2026 270 Call @ $6.45
• Trade Metrics: POP: 63.84% | Collect $650.00 per contract vs. a Max Risk of $850.00 (1.3:1).
• The Why: With slowing revenue and billings growth in its enterprise software segments and cyclical end markets facing pressure, Autodesk’s premium software multiple leaves the stock highly vulnerable to valuation compression.
• The Technicals: The stock is mired in a longer-term Bearish Trend (6M) with weak Relative Strength (3/10), recently experiencing a counter-trend rally that is likely to fail against overhead resistance at $275.
• Management:
  • Stop Loss: Buy back the spread at $13.00 (100% of credit received).
  • Take Profit: Buy back the spread at $3.25 (50% of max gain).