All bubbles are same.They go higher and higher and squuezed out all shorts and new Price targets come thick and fast.But think about this, Netflix is not an elixir of life.You just chill on a Saturday.Forget technicals and fundamentals for a minute if a stock is so valued why does it not reach 500 today? FYI all long term investors have exited now.
Here is my idea:
Buy 440 July 20th call: (Hedge)
This will cover your short term
Buy Sep 21 300 put
3 puts : 1 call
Accumulate puts on rallies and sell the calls
Here is my idea:
Buy 440 July 20th call: (Hedge)
This will cover your short term
Buy Sep 21 300 put
3 puts : 1 call
Accumulate puts on rallies and sell the calls
Trade active:
Holding July 20 335 puts. It's going to crash
410 SL
410 SL
Comment:
Anyone can jump
Comment:
switch to Dec 250 puts to fully reap the benefits
Trade active:
Tgt:225