NASDAQ:NFLX   NETFLIX INC
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First off I always like your charts and analysis, but I need to ask about something. I have always stayed away from NFLX due to the unpredictable nature of whoever is investing in the company. However I am more curious how you handled your trading in this stock starting from about 2 months ago. You were shorting, but the stock kept climbing. How do you handle that emotionally and in your trades? I consider myself a beginner and stick with SPX and RUT(IWM) 45 days out for the most part and I tend to only deal with credit spreads and legging into Iron Condors, but when you were buying Puts two months ago (presumably) in the $600 range at what point did you change your strategy and did you take a big hit? The temptation to "double down" for me would have been powerful and I would have lost a ton on NFLX if I had shorted it like I really wanted to back then. I'm just curious. Anyway thanks for all the charts and opinions and good luck on the next NFLX downfall.
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far out dated PUTS help to cushion IV crush plus enough capital to double down when needed bro. lastly, stick 2 ur convictions no matter what. we still believe there'z further downside or else we'd b out.
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