Netflix, Inc.Long
NFLX - watch this support line
Stock will move up past 500 if support line holds. If you buy calls, use 5-15-30 minute charts to set stops and targets. I don't usually hold NFLX options overnight because they are expensive and there is too much risk. Stochastic is still below RSI If stock has a daily close below this line then you look for put option setups.
I usually watch this stock Wed-Fri, because weekly options cost less and I can capture an intraday move. For example, today I bought 385 calls when stock was around 482.50 and I will sell them when stock reaches 486-488.
I usually watch this stock Wed-Fri, because weekly options cost less and I can capture an intraday move. For example, today I bought 385 calls when stock was around 482.50 and I will sell them when stock reaches 486-488.
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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.