Thursday, June 6, 2013

GOOG / NFLX

I was asked what I think about GOOG/ NFLX calls, I actually still love them here, I prefer June 22 expiration, but I'd take more on if I could here without violating too many risk management rules.

 GOOG 15 min I have liked since before this started, it's a large base area, the head fake is clear on this chart (today).

NFLX also has a decent size base area behind it, I like them both.

I also want to short/ add to shorts in both at the right time.

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