I already have a full size NFLX equity short in the tracking portfolio, I'm going to start another here to keep track of this trade, I'm inclined to leave a little room to add to, maybe 75% of a normal full position leaving 25% to add to if we get a better price based on a $USD based move, but other than that, NFLX looks to be pretty close to the area I've been looking for since the last earnings gap
As for options, I'm going ahead with a nearly full size NFLX Put with an expiration on 6/19 (June monthly) and a strike of $570, they are at a discount today.
I'll have charts for the broad market and NFLX up shortly.
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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