hungry_hippo

NFLX Earnings

Short
NASDAQ:NFLX   Netflix, Inc.
Earnings weren't impressive, so much for exponential growth.

I've got too many calls, bought NFLX Feb 1 puts with half of today's profits. If the market drops, it's toast.
Comment:
Watch some jackass upgrade it Monday, talking about future growth despite guidance for this year.

It should be illegal to pump stocks the way they do, look what happened with SFIX. That pop up was strictly from analysts pumping the crap out of it, then it tanked on the next 2 earnings (with a healthy profit for me).
Trade closed manually:
Took the morning dip and flipped the puts. Completing a falling wedge, so I expect a bounce here sooner or later.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.