buying NFLX 265 weekly puts at 1.39 area and shorted the NFLX 280 weekly calls at .68-58 area vertical trough 285 weekly calls at .15 area

 

/b buying NFLX 265 weekly puts at 1.39 area and shorted the NFLX 280 weekly calls at .68-58 area vertical trough 285 weekly calls at .15 area . am trying to time the top on NFLX that is a very hard thing to do but if it leaves the us flexible. We should of approached or getting close to approaching highs . A month ago we had 270 as a target on NFLX now it has been reached and the market is very weak so have to begin the bearish bets on this bubble stock.

Posted in General Trading