Netflix, Inc.
Long

NFLX - Short Term Bullish - Melt Up & 2 Analyst Upgrades

240
NFLX just had a bullish EMA cross and price cross above 10WeekMA.
There is a decent gap to fill from $340-360.
Yesterday there were 2 separate analyst upgrades with $400+ target. marketbeat.com/stocks/NASDAQ/NFLX/price-target/

I have been using vertical put credit spreads last two days successfully for $80-$100 each time on single put spread.
Easy income. Put order today, profit tomorrow.

My play here:
Either one or both.
3-Jan 330/335 put credit spread for $2.85+ credit
27-Dec 330/335 put credit spread for $2.70+ credit
Keep this for a day or two max. Buy back at $1.30 or less.

With the current trend, we should be able to play this for a week or two. :)

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC

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