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 crash410 SL
Note
Anyone can jumpNote
switch to Dec 250 puts to fully reap the benefitsTrade active
Tgt:225
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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.
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.