Looks like it wants to go, tomorrow will be an interesting day. This is definitely on my radar for moves tomorrow. Re-testing the 187 mark.
NFLX - tomorrow, the rally
- Thread starter OptionsKyd
- Start date
Two dojis with a harami? This looks like a very ordinary earnings move. We'll hold the 7/18 real body range for the time being.
Nice play for a call credit spread on 185-190 for the 7/28 expiry though. I might even open one of this up tomorrow...or better yet, make it a diagonal with a December or January expiry and walk up the strikes (need to get back from vacation to test the logic on this before I jump into it).
Edit: my phone chart is looking like 200 should be in play for the next earnings release.
Nice play for a call credit spread on 185-190 for the 7/28 expiry though. I might even open one of this up tomorrow...or better yet, make it a diagonal with a December or January expiry and walk up the strikes (need to get back from vacation to test the logic on this before I jump into it).
Edit: my phone chart is looking like 200 should be in play for the next earnings release.
%%
Looks very, very extended.
But may get more extended ;IBD rates them #1 in sector; barchart.com rates them 100% buy short, med 100% buy long term................................................................................NOT a stock tip
I think Carl Ichan pulled millions from that; one dont know if he still holding??