Netflix, Inc.
Short
Updated

NFLX Short

214
In downtrend, bounce back to Supply Zone
Trendline break

Earning 7/18/2022 Estimate 3.00

Short 196
Stop 208
Target 130

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy Put Butterfly Sep P105/130/155
Limit 2.15
Because Earning 7/18, only 3 month PUT

no Stop
Trade closed: stop reached
option expired.

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