selling PUTS on NETFLIX at 360 for 7,80 exp 19/07/2019
I sold some puts on Friday on Netflix 360 19/07/2019 triggered at 7,80 $ !!!!
You can see clearly that Netflix is experiencing a pull back on Friday which i have benefited by selling Puts on a HIGH IV of 70%
resistance on chart both at 50 and 100 days shows 360 and the first résistance on chart coincides at 360 as well
if broken expect the stock moving to 340 next resistance level
So I will monitor on Monday pre market and opening what the direction during the first hour of market is and if the price moves lower before earning then sell at 340 if you don't want a bad surprise but if daring like me then sell at 360 again and try to sell each put over 10$ on 100 shares
Stock recommendation are strong buy with only one sell rating so fundamentalists look bullish on the stock so don't be to scare if you get triggered just enjoy the volatility to sell puts expensive.
You can see clearly that Netflix is experiencing a pull back on Friday which i have benefited by selling Puts on a HIGH IV of 70%
resistance on chart both at 50 and 100 days shows 360 and the first résistance on chart coincides at 360 as well
if broken expect the stock moving to 340 next resistance level
So I will monitor on Monday pre market and opening what the direction during the first hour of market is and if the price moves lower before earning then sell at 340 if you don't want a bad surprise but if daring like me then sell at 360 again and try to sell each put over 10$ on 100 shares
Stock recommendation are strong buy with only one sell rating so fundamentalists look bullish on the stock so don't be to scare if you get triggered just enjoy the volatility to sell puts expensive.