buying NFLX 315 weekly calls at 1.20-1.25 OVERSIZED

 

/b buying NFLX 315 weekly calls at 1.20-1.25 OVERSIZED. We today broke all time highs and we are on the verge of multiday positives on my formulas plus the daly charts show us holding above the old trend line so all this together in a ugly market open this monday could lead to strong rally this week on NFLX. Am watching her closely here and after the opening hour if this strength is held will look to add a second oversized entry. Cant fight the tape, irrationally high PE continues to fuel the bubble.

Posted in General Trading