NFLX earnings - The fun begins October 14

  • NFLX up 6%.
  • Those sort of pre-earnings moves always through me off balance and sometimes will prevent me from entering a trade.
  • I prefer the stock to trade relatively flat ( plus/minus 2%) in the week leading up to earnings.
  • Lets see what happens on Monday and Tuesday.





:)
 
OTM before hitting $500 they took NFLX from $485 pre-earnings down to $403 and days before Earnings walked it up to $430 only to move up $100+ points on their biggest blow-out ever.

What is going on?
 
Netflix is about to raise prices again. While they don't have any real competition, their market cap is 46 billion! Really! How in the world could they be worth that much? Why is that investors make the same mistakes over and over again, by investing in companies that are cool and exciting but waaaaay over priced.
 
  • NFLX up 6%.
  • Those sort of pre-earnings moves always through me off balance and sometimes will prevent me from entering a trade.
  • I prefer the stock to trade relatively flat ( plus/minus 2%) in the week leading up to earnings.
  • Lets see what happens on Monday and Tuesday.


  • Good to see NFLX pull back a bit today.
  • Yearly high is $130.00.
  • I'm interested in the October 16 130.00 calls.
  • Buy on Wednesday for $2.00 or less.
  • Actual strike and price will depend on what happens before earnings.


:)
 
  • Good to see NFLX pull back a bit today.
  • Yearly high is $130.00.
  • I'm interested in the October 16 130.00 calls.
  • Buy on Wednesday for $2.00 or less.
  • Actual strike and price will depend on what happens before earnings.

:)

if it goes to 120 by wednesday i'll go short into earnings
 
Back
Top