Netflix (NFLX)

Discussion in 'Stock picks and trading strategies' started by Blaine Tarr, Jun 13, 2019.

  1. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    340 has been the daily chart support level for several months. If it fails, a drop towards 320 could happen quickly.

    NFLX 6.13.19.jpg
     
  2. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Big call buyers on Friday helped bounce it back over 340 today. I started in small on some puts Friday but they saved it for now, putting this trade in the red. No edge for me now. Waiting to see how the action plays out over the next few days to either turn it into a straddle/strangle or add more puts. Will post charts as I see favorable setups.
     
  3. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    I turned this trade into a strangle; as it attempts to break to the upside now.

    NFLX 6.19.19.jpg
     
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