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Bearish Trade On Netflix Using Options

|Includes: Netflix, Inc. (NFLX)

Today after market hours NFLX is releasing results.
Those who follow NFLX on this site know that there are very good supporting cases for NFLX short.

There are many possible trades that can be made on short side.
Before making short trade from the look of JAN options open interest it looks after earnings the price can either be above $100 or below $90.

As I'm bearish I think a Ratio Put Back Spread could be a great trade.

For example,

SHORT 1 PUT STRIKE $100 and
LONG 2 PUT STRIKE $92.5

This is pure speculative play, maximum loss is around $1000 if the stock closes around 92.5.

I'm not a professional trader, I'm experimenting with different options strategies.

Disclosure: I am short NFLX.