NFLX

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.

350/345p @ 1.55