NFLX Now I want you to imagine if they didn’t report that $619 million one time tax expense which doesn’t affect any part of their core business which came in very strong. If you think a 12% or more drop was warranted then that’s insane. Without that tax expense they would have reported an earnings beat and with already raised guidance for full year revenue the stock wouldn’t have reacted negatively
NFLX This turd needs to move already. ~11% drop was such an overreaction and countless stocks have eaten a 5-7% loss and gone positive recently...my calls depend on it!
NFLX and exp. tomorrow there are 10k around ITM put contracts open between 1120-1150.. so definitely the option sellers doesn’t want others to get rich.. other hand the open interest for calls till 1135 seems less compared to puts.. even 1150 tomorrow could be possible :D