Monday, May 6, 2013

Closing NFLX May 18 $220 Puts

I'm very conflicted over this one, so I have to resort to the question, "If you had the chance to open the same position right now, would you?" and the answer is no so I'm not going to risk a loss here on something I don't have a very firm grip on intraday which is very flat. So I'm closing it for now, I'll follow up with charts.


I still love NFLX short, but want it at higher prices (actually we already have some equity short in NFLX at a profit I believe, but only a partial position).

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