The author holds Dec 2026 $87 call options and asserts NFLX will never return to that price, projecting a rise to $200. The deep-in-the-money call options provide leveraged exposure to expected appreciation, with a plan to convert to shares for a long-term hold and covered call income. A long position in NFLX, either via long-dated calls or shares, is presented as a way to capture significant upside. NFLX may fail to appreciate as predicted; a significant downturn could erase option value; the covered call strategy limits upside potential.
The author holds Dec 2026 $87 call options and asserts NFLX will never return to that price, projecting a rise to $200. The deep-in-the-money call options provide leveraged exposure to expected appreciation, with a plan to convert to shares for a long-term hold and covered call income. A long position in NFLX, either via long-dated calls or shares, is presented as a way to capture significant upside. NFLX may fail to appreciate as predicted; a significant downturn could erase option value; the covered call strategy limits upside potential.