Nflx

lwlee · Jan 25, 2013

In addition, it has a small float and a big short interest, recipe for a big pop. I don't think we break 200, eventually normalized to 140-50 or so.

It looks like today's volume will be double yesterday volume. I would think big players' short covering. Can't see why anyone would initiate such a large new position.

Tonkadad · Jan 25, 2013

Quote from sudoTrader:

Loving NFLX here, got in at the 125 strike at .20$ before earnings. Sold too early when it hit 24$ the next day. It's at 42$ today, could you imagine

But wasn't that the Jan. 125's going for .20?

Clubber Lang · Jan 25, 2013

Quote from hard kore:

the game is all math.

Thanks for the "obvious" after the fact call.

sudoTrader · Jan 25, 2013

Quote from Tonkadad:

But wasn't that the Jan. 125's going for .20?

Yes I think they traded between .1 and .3 the day of earnings. I was only in for 800$ at .2 and for 24$ was a 120 bagger but if I was crazy and held it'd be a 225 bagger today at 45$!

Tonkadad · Jan 25, 2013

Quote from sudoTrader:

Yes I think they traded between .1 and .3 the day of earnings. I was only in for 800$ at .2 and for 24$ was a 120 bagger but if I was crazy and held it'd be a 225 bagger today at 45$!

My only point was they expired yesterday, if I am not mistaken. Either way great play.

You had 40 contracts?

Edit: I was looking at Yahoo's option page which said " Expire at close Thursday, January 24, 2013" which might be incorrect.

textrader4 · Jan 25, 2013

All I can say is WOW!

Tonkadad · Jan 25, 2013

Quote from textrader4:

All I can say is WOW!

You misspelled WOW.

It should be WOW$$$.

trader198 · Jan 26, 2013

me too, I sold 23ish, too early, I just wish I hang another day, doubel again.

nflx short squeeze too hard. I think some big guys must lose lot.
and some big guys must win big big.

I bought HLF at 25 to 26, sold 37ish, too early. HLF is a rare case. late I shorted it, lost some profits, so I did not try, safely keep my profit. the underlying reason is short squeeze.

last week MLNX did the same thing, dropped to 35 after earning (long term low), then next day back to green and high. wall street is full of this kind fight.

glad I did not short NFLX next day (plan to short, buy some put, but the surge terrified me), watched it climb, just pain.
bought AAPL 450 put, made decent ride, happy.

NEXT WEEK, FB is on the show

Quote from sudoTrader:

Loving NFLX here, got in at the 125 strike at .20$ before earnings. Sold too early when it hit 24$ the next day. It's at 42$ today, could you imagine

badvestor · Jan 26, 2013

Quote from trader198:

me too, I sold 23ish, too early, I just wish I hang another day, doubel again.

nflx short squeeze too hard. I think some big guys must lose lot.
and some big guys must win big big.

I bought HLF at 25 to 26, sold 37ish, too early. HLF is a rare case. late I shorted it, lost some profits, so I did not try, safely keep my profit. the underlying reason is short squeeze.

last week MLNX did the same thing, dropped to 35 after earning (long term low), then next day back to green and high. wall street is full of this kind fight.

glad I did not short NFLX next day (plan to short, buy some put, but the surge terrified me), watched it climb, just pain.
bought AAPL 450 put, made decent ride, happy.

NEXT WEEK, FB is on the show

Where is a good source to get a list of high short interest stocks?

Mysteron · Jan 26, 2013

Quote from badvestor:

Where is a good source to get a list of high short interest stocks?