NFLX showed relative strength on a down market day; speaker executed and profited from a short-term options trade.

Who on here got in that Netflix trade yesterday? Producer Aaron, we need like a like a celebration or something that like highlights when I start talking about Netflix at 6870 and say this is the only thing that looks good today and a day later it's 78720 and trade it up all day.

Hey, you guys get that Netflix verse one diamond? Do you remember what I gave those options out for? Those options I gave out were like 40 cents. They're going to be probably 70 cents right now.

So, uh 80% return on the options in one day. You guys down for that?

Aaron, come on. Who's with me on the Netflix trade? Let me feel good about that.

Did anyone get that Netflix? Anyone get that Netflix? I take blame when I talk about stocks that end up bad. I think I have yes to do that.

Netflix was at 77 7020 now coming down a little bit.

like Netflix yesterday. what was the key to finding Netflix yesterday? Uh, tell me why you think we found I identified ne Netflix yesterday at 6870 currently trading at 70 up pre-market with the market trading down.

But how did we find it? How did we find it? Bessie, great work.

I'd rather own Sony than Netflix. But how do we get Netflix? Just want to make sure I'm teaching you guys as we go.

Come on, Barb. How did we get Netflix? Someone tell me how we got Netflix? Because this is this is I think important and and and you want to look back right the way we got Netflix up continuing claims up 17,000.

The way we got Netflix was this. We built a Benzinger One watch list, right? And we put all these stocks on the watch list. And on a down day, we just looked through and we said, "What's strong?

What's not going down?" And we identified Netflix wasn't going down.

Someone said maybe it was fallout from the Paramont deal. Maybe it was from something else. But no matter what it was, we were then able to grab the 70 calls for 42 cents.

Very low risk trade as an options trade. And we identified strength in a weak market, right?

I looked at Netflix and it was like not going down in the morning. So I bought the 70 calls for this week for 40 cents. They'll probably open at like 75 80 cents. Just like an easy trade. That's all I did.

So my so we have Netflix from yesterday we called out at 68 and change trading around 70. That was a good trade.

We're going to talk about we're about Netflix. We're going to talk about ALD. We're going to do things the right way because we want to be in the long game.

Netflix ticking higher. There we go. It was a good move.

Took profits on the Netflix.

here. This Netflix we bought at 42 cents originally. Yeah, we don't need to be more right than this. We could sell some here.

Oh yeah, the Netflix was a good trade.

Netflix 7030. All right. 7030. Here we go. That was a good move. I did a good job for you guys there. We made one trade yesterday in Netflix. One trade. It's Netflix is 6870 7040 now.

Netflix going higher. Shouldn't have sold any. Ed Edwards. Ed Edwards, you said you sold some, so I sold some. Mistake.

We had our Netflix again. New highs. So now those options that we bought for 42 cents are worth 90 in Netflix. They're now worth 90 cents, which means we had 100% winner.

Aaron, just to bring you back for a second, we need like graphics and fun sounds for that. Like when we call out Netflix yesterday at 6870 and it hits 7052 and the options we bought for 42 cents are worth 90 something cents and we're over 100%.

We need like a 100% winner flash alert on the call out.

Netflix looking good. Netflix was a great call.

That's another stock we flagged yesterday. Netflix 7080 now. Netflix 7080 now. Okay. 7080. Now, now I'm now those Oh my god. Now we triple those. What did I just sell the 70 calls for?

67 cents. Four of them. And they're already a$110. It's 160. Oh no. And the 71 calls for 21 cents. Oh no. Why did I sell anything this morning?

Usually when I start to really feel bad about selling stuff, it's the top. So, I'll sell a little bit more about this Netflix.

Take a little more profit in Netflix.

Okay, keep an eye could go through its lows. We have some puts there. Netflix 7090 now. Netflix 7090 now. I mean, producer producer Aaron, producer Aaron, someone who watches the show, where is Netflix buying the 70 calls for 42 cents yesterday that are now worth a$120 rank?

You could, you know, if you put in 400 bucks, it's worth 1,200 bucks now a day later.

It's going to keep going. It's going to keep going.

We targeted Netflix yesterday. Strong stock on a weak day. I think I'm going to sell two more contracts because, you know, I feel good about this trade.

All right, now I only have one left. We tripled. I'm going to be disciplined. We did identify Netflix. We rocked that trade.

The Netflix trade was a pretty simple call out. It was this week, October 9th, 70 call. The cost was 42 cents. Minimum is one contract. So, you know, to play around it would have cost you 42 bucks and that would have made 120, you know.

You did Netflix for a small profit. There you go. Learn as you go.

honestly though, as good as the Netflix feels, I feel really better. We could have been caught in that other trade that went from 440 to a$140 in one tick.