Now Showing…Netflix Earnings Today

My earnings forecast on Netflix (NFLX) plays out different endings like an unfinished screenplay.  As I plan my trade here are just a few things I need to consider:

Is it a takeover target?

Can they beat earnings expectations of $.025 per share?

Will their overseas expansion be profitable?

Will streaming movies replace the DVD?

They still have 23,000,000 customers after that pricing debacle.

Stock has been beat up significantly from its July 2011 high of $298

At-the-Money February 95 straddle is trading $17

Will the stock go higher, lower or stay in a narrow range?

What timeframe will it take for me to realize my forecast?

Forecasting is the key to choosing an options strategy. Well I got to run now so I can choose mine.