The Trade: Sell to Open the C Mar 06, 2026 115/110 Put Vertical @ $183.00 Credit.
🔴 SELL TO OPEN Mar 06, 2026 115 Put @ $4.14
🟢 BUY TO OPEN Mar 06, 2026 110 Put @ $2.31
Trade Metrics: POP: 57.55% | Collect $183.00 per contract vs. a Max Risk of $317.00 (1.7:1).
The Why: Citigroup’s ongoing “strategic reset” and organizational simplification are expected to unlock tangible book value, making the current pullback a compelling entry point for income generation.
The Technicals: The stock remains in a long-term Bullish Trend (6M) despite a Neutral 1M trend; price action shows a constructive pullback testing support near $105-$110, while resistance looms overhead at $119.39.
Management:
Stop Loss: Buy back the spread at $3.66 (100% of credit received).
Take Profit: Buy back the spread at $0.92 (50% of max gain).
The Trade: Buy to Open the NFLX Jun 18, 2026 72 Call @ $1,515.00 Debit.
🟢 BUY TO OPEN Jun 18, 2026 72 Call @ $15.15
Trade Metrics: POP: 39.48% | Pay $1,515.00 per contract vs. a Max Reward of Unlimited.
The Why: Despite negative sentiment, Netflix’s valuation has reset to attractive levels, and we view the stabilization near $80 as a potential floor ahead of renewed ad-tier monetization growth.
The Technicals: While the trend remains Bearish (1M & 6M), the stock is showing signs of a “Bullish Counter Trend” potential, stabilizing near $82 support with indicators suggesting an oversold bounce is due.
Management: ⚠️ Warning: Earnings is scheduled for Apr 16, which may require active management.
Stop Loss: Sell the call at $7.58 (50% loss on premium).
Take Profit: Sell the call at $26.51 (75% gain on premium).
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