I already have an NFLX June $215 position open, I'll leave that in place and add a small (this is about half the size of a speculative position because of the already open position) July $210 call. I'm trying to add some time in case there's a longer trend than I expect, basically leaving some options open, no pun intended.
I think NFLX is probably even a decent equity long, I would think a move >$248 is possible.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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