Netflix makes $100 million commitment to support Black communities in the U.S.
As we come toward the end of this massive 10 month , we must be patient. Throughout Covid, Netflix has performed rather well since the first wave, achieving 20% above previous 2020 highs.
Will Netflix moon into earnings? Will disappoint long investors?
Comment your thoughts below!
Estimated Time: 7-11 weeks
- - Breakout on the upside or other activity: NFLX $540 Call expiring late september, this break will result in a massive rip in which we will aim to play the continuation. Take profits!
- - Break toward downside, lose of channel: NFLX $460 Put Expiring late September or October. Chart is giving off more signals than but that's not pricing in Covid.
We will cover this play when the time is right, be sure to keep your eye on it.
This is not financial advice nor am I a financial advisor
They currently sit up 63% at the price of $1605 per contract
What a play!