NFLX Earnings.
- Thread starter CenFlo
- Start date
Market just cleaning out all shorts.
After hours today Oct. 21, NFLX share price is 391.30 which is under
the 355 today close Oct. 25 straddle price MOC market expected movement
of 45.16.
So far except for the GOOG huge blow out, straddle spread price going
into earnings have over estimated actual share price movement. I think
this is the normal pattern. Maybe the GOOG blow out is the exception
that makes the rule. Also, the GOOG straddle was historically very low
compared to normal into earnings price so maybe someone knew something.
the 355 today close Oct. 25 straddle price MOC market expected movement
of 45.16.
So far except for the GOOG huge blow out, straddle spread price going
into earnings have over estimated actual share price movement. I think
this is the normal pattern. Maybe the GOOG blow out is the exception
that makes the rule. Also, the GOOG straddle was historically very low
compared to normal into earnings price so maybe someone knew something.
Every 5 years or so long term investors get humbled. That time is coming. This time will be even uglier given feds out of bullets. Nobody wants to hear or believe it.
I hear a lot of people talking about the similarities between the NQ right now and the 1999-2000 .com bubble and subsequent market that played out after the burst.
I think there are some fundamental differences with the tech companies compared to back then, but I to agree that we've run up so high that after all the "good" earnings there's really one way direction for the market to go.
I would not be surprised if it gets back down to the 365 area tomorrow or later this week.
Im starting to think, after watching ancient aliens on the history channel, that anyone long nflx before earnings was probably visited by an alien?
What do you guys think?
What do you guys think?
