SCTY, Z, NFLX

On the close I didn't get the exact bearish engulfing candle I'd like to have seen, but SCTY did retrace 82% of its move today to end with a bearish candle,

Volume was increased today, but it's not something I was too concerned about. While not a significant gain, between yesterday's 1/3 position and today's add to 1/3rd position, the SCTY position is in the green now, again not a big deal, but this is what I'd like to see when phasing in to positions, getting the best entry with the least risk.

The speculative 1/2 size Z position is also starting today off in the green.

The NFLX put position (July $465 puts), Opening NFLX July $645 Puts Now entered yesterday on what I believe was a head fake move above very clear resistance in a popular stock, started this morning being down about -20%, for options this isn't as big of a deal as it sounds, they can move quite a bit quite fast as long as you have some time on them. NFLX did cross below the 50-bar 5-min moving average, which was the original trade set up from yesterday, it crossed that moving average today and the change in price's character was almost immediate. The position ended the day today only down 5.44% from today's earlier -20%.

Look at that change in character as soon as the 50-bar 5 min moving average was broken today.