Mkt conditions: very volatile multiple days where the DOW has 1000 & S&P has 100 points moves. NFLX has been consolidating between 360-390. High IV price at lower range support @ 358.
Strategy:
Put spreads
5 point wide put spreads collecting no less the 1/3 the width of the strike. .30 deltas on the short put Range bound mkt w/ high IV rank.